strong dollar bad gold. International rating agency standard and poor's

P downgrade Belgium ratings pressured EUR/USD lower, dollar index extended gains swtor credits, spot gold on Friday (November 25) closed down moderately. Highest spot gold hit 1,697.50 dollars an ounce, low hit to 1,671.59 dollars an ounce, at 1, $ 679.63/ounce, lastA day after closing at 1 694.25 USD/Oz, representing a decrease of $ 14.62/ounce, or 0.86%. 　　Beauty means extended gains, strong dollar bad gold. International rating agency standard and poor's (Standard`Poor's) on Friday announced it would Belgium long-term foreign currency issuer rating was downgraded to AA from AA, assessment-Level prospects as a negative. 　　Biaopu said the lowered the Belgium rating reflects funding reproduce the credit risk and market risk pressure intensifies, also reflect the ability to deal with possible economic pressures at home and abroad led to the risk of exacerbating. Gold of the world's largest publicly traded fund (ETF)--SPDR Gold gold positions of Trust as of November 24-d1,297.32 tons of levels. Italy weaker in new 2-year Treasury bonds yields on bond auction results exceeded 8%. 　　Treasury yields soar means that the country's short-term sharp rise in financing costs, was forced to seek external assistance in increasing risks. The World Gold Council (WGC) and the International Monetary Fund (IMF) publishedCome to a show, the Central Bank bought 148.6 tonnes of gold in the third quarter so far this year, only slightly less than 350 tonnes the amount of buying gold. 　　Brown Brothers Harriman (BBH) said Friday that United States Thanksgiving after the opening of financial markets, but from Europe and the stock market's weak performance, risk aversion is still very strong, gold prices followed the euro/dollar fell together. InteGrated Brokerage Services LLC says Frank McGhee, head of precious metals trading, "if not achieved within a short time a strong rally in gold swtor power leveling, then more selling emerged to push gold prices to near low point this week. Due to our United States markets closed ahead of time greatly, prices may not have more opportunity to equalize the situation. ”