Daily Remarkable news 1/15/2014

USD PRICE INCREASE SALES BY RETAIL POSITIVE

The greenback rose after a report showed U.S. retail sales stronger than expected growth . The U.S. Commerce Department yesterday said December retail sales rose 0.2 % , followed by 0.4 % rise in the previous month . Retail sales rose 0.7 % basic , exceeding the 0.4% rise forecast by economists. Analysts said the market , reported December retail sales did erase the worries of investors about the status of weak economic growth , which stems from the report made ??by the Ministry of U.S. Labor announced last weekend .

USD also supported the Fed chairman said Philadelphia Fed branch should end bond-buying program months before the end of 2014 . Meanwhile, Dallas Fed President said that reducing the speed scale QE program should be doubled ( U.S. $ 20 billion rather than $ 10 billion as at present) .

GOLD PRICE REDUCED AFTER AMERICAN ECONOMIC DATA

End the session yesterday , the world gold price fell $ 1.244 to 8 USD / ounce . U.S. stock markets rallied in trading last night made ??the appeal of gold diminished . In addition, statistics show that U.S. retail sales than expected positive also for investors interested in the reduction of gold .

Yesterday , trusts the world's largest gold SPDR Gold Trust remained net sellers tonnes 3:56 , hold volume decreased 789.56 tons . The trend of continuous net sellers of gold funds from last year has not yet ended .

Recently , gold always under pressure to reduce prices when the U.S. has good economic news or stock market gains , and vice versa .

Returning to physical gold demand in China , gold buying " good luck " and as a gift from the first month to reach '' the Lunar new year'' increased sharply . Analysts said strong buying support gold prices also go up .