Gains Were Hit By A Strong Dollar.

At present, the US dollar has not changed its strength, and gold price has risen 0.5% this week.

NYMEX 6 gold futures prices closed up 11 U.S. dollars on Friday (April 10th), up 0.9%, to 1204.60 U.S. dollars / ounce, a change of three consecutive trading days after the trend of decline, this week (April 11th week) rose 6.40 U.S. dollars, a cumulative increase of 0.53%, or by the strong dollar and the Federal Reserve (NYMEX) interest rate hike uncertainty.

The meeting minutes released by the FED on Wednesday showed that the willingness of the Federal Open Market Committee (FOMC) officials to raise interest rates in 2015 exceeded market expectations, helping the us to regain the 99 pass in April 8th.

So far this week, the US dollar index has risen 285.5 points, a cumulative gain of 2.96%, and is expected to record the biggest weekly gain since 2011, because

Consider raising interest rates at a later rate in 2015 and other major ones led by the European Central Bank (ECB).

It still favours stimulant policies.

Analysts at the Deutsche Bank group said that the recent volatility of the gold market was relatively high due to the impact of the change in the rate hike of the Federal Reserve (FED). However, the gold price is unlikely to rebound significantly. The real economic data of the United States are in good shape, which will undoubtedly lead to a decline in the price of gold. Let alone the gold market's net multi position has been shrinking. The average price of gold in the second quarter of 2015 will probably be as low as 1170 US dollars / ounce, while the annual average price will be as low as 1165 US dollars / ounce.

According to foreign media statistics, the Gold Exchange Traded Fund (ETPs) entered 3.9 tons of gold (1620.1 tons) on Thursday (April 9th).

As the world's number one gold trust, SPDR gold trust held its largest single day growth in the past two months.

Carsten Fritsch, an analyst at Commerzbank AG, pointed out that the liquidity of gold ETPs funds on Thursday is very strong. It may indicate that investors are digging into the gold market value after the gold price falls below 1200 US dollars / ounce. What is striking is that gold prices are rising when the US dollar goes strong.

Us NYMEX May silver futures price closed up 0.21 US dollars, or 1.3%, at 16.38 US dollars / ounce, but this week it has fallen 1.9%.