The price of gold rose only 5.3% this year,the rose record is the lowest level in four years

Fell nearly four months, a new low

The recent gold price continued to fall, for example, last week, the price of gold to $ 1,695 / oz opening to Friday to close at $ 1,648 / oz, down $ 51 / oz. Which, last Thursday the price of gold is once low exploration to $ 1,635 / ounce, hitting the lowest level in nearly four months since.

This week, this situation could not be improved markedly. Yesterday afternoon, the price of gold is about $ 1,658 / ounce, compared to the November 26 opening of the $ 1750 a month, $ 100 / ounce drop.

, The market believes that there are many reasons for the decline. In addition, the U.S. economy appears First, the U.S. hedge fund bearish on gold (1658.80, -0.70, -0.04%), Morgan Stanley Smith Barney and its financial adviser has recommended the withdrawal of customer funds from long-term, multi-gold fund; signs of improvement, which triggered technical selling; addition, U.S. politicians have not yet reached an agreement on the financial cliff, triggering panic in the market, investors have sold gold to buy U.S. dollars, which also led to the price of gold fell.

Gold analyst Ma Jun's view is similar. In his view, the recent decline in the gold, is to adjust the parameters of the Fund due to change positions, in addition, some fund managers tend pocket for safety and prudent investment also have some impact.

This year, the price of gold rose only 5.3%

2012 only less than a week, gold ability continuation of the bull market? Reporter saw the beginning of the year compared to 1570 U.S. dollars / ounce, the price of gold and yesterday rose only 88 U.S. dollars / ounce, or 5.3%. Previously, the price of gold has maintained for 11 consecutive years of gains, which has risen to $ 145 in 2011, or 10.2%; 2010 or 29%; 2009 or 24.5%; 2008 gold prices also rose 5.8%.

In response, Ma gold still have some gains, but compared to a few years ago will be worse. "The price of gold this year, the annual increase may hit since the 2009 low.

As for the trend of the future price of gold, the market mixed views. Such as Barclays Capital, will soon be 2013 gold forecast price dropped from 1860 to $ $ 1815, and that the 2014 average gold price of $ 1,760. UBS expects 2013 gold price of $ 1,900 / oz, and continued to rise in the gold price. The main reason is that America's fiscal problems there are still uncertainties, the central banks will continue to maintain a loose monetary policy.