出国留学网

目录

VOA常速英语练习材料——黄金、石油价格上涨,因投资者寻求避险

字典 |

2016-03-14 14:33

|

【 liuxue86.com - 英语考试 】

  听VOA常速英语练听力,出国留学网小编为大家带来VOA常速英语练习材料——黄金、石油价格上涨,因投资者寻求避险

  听VOA常速英语,点击黄金、石油价格上涨,因投资者寻求避险

  Bernard Shusman

  March 03,2016

  NEW YORK— The up-and-down prices of oil and gold mirror the unsettled world situation, and both reflect the economic squeeze most nations currently face.

  Analysts are talking about the oil crash being over, with prices stabilizing in the mid-$30-a-barrel range — from a recent low of $26 — despite record supply levels. That's a 30 percent increase in the past two weeks.

  The jump in the price per barrel has given rise to predictions that oil has bottomed out. Meanwhile, 413 oil rigs have been shut down in the United States because of an oil glut — with thousands of jobs lost.

  "The supply and demand picture for oil is such that there's such a big glut over supply on a daily basis from the production side that, even if the demand side picks up marginally, we're still not going to eat up that for quite some time,” said commodities trader Eric Zuccarelli.

  FILE - Gold prices have risen because of interest rates around the world.And gold, according to Zuccarelli, has inched up because of interest rates in the United States and around the world.

  Interest rates and gold have an inverse relationship. Generally, rising interest rates are bad for gold prices, while decreasing rates are good. In a zero-to-negative interest rate environment, gold prices usually benefit. The Japanese and European Central banks currently have negative interest rates.

  "We did see a very sharp move over a two-and-one-half-year period down to about 10.50 [$1,050 per ounce of gold] on the gold,” Zuccarelli said, “at which point the [Federal Reserve] finally began to raise interest rates for the first time since the world economy crashed. … As a consequence, the gold found some footing and reversed its downside and has rallied up to 12.50 [$1,250 per ounce of gold]."

  As primarily a metals trader, Zuccarelli said commodities are in a waiting game.

  "A lot of the industrial metals are stuck in much of the same world as oil, waiting for a true demand picture to come and sop up some of that excess supply,” he said. “So, whether it's copper — which I trade on a daily basis — which has put in pretty much of a bottom under $2, or some of the industrial metals — whether it's zinc, lead, tin, nickel, steel — most of the industrial complex is starting to find support, but not necessarily ready for the rallies that we've seen in the past."

  There are still questions about how far the price of gold will move, but in recent weeks it has been a good investment. However, like oil, the length of gold's rally is hard to predict.

  更多信息了解敬请关注出国留学网英语考试栏目!

  英语考试栏目推荐阅读:

  VOA常速英语练习材料——经典重现于布鲁尔博物馆

  VOA常速英语练习材料——伊拉克人担心维护不善的摩苏尔大坝崩溃

  VOA常速英语练习材料——BringBackOurGirls继续返回Chibok女孩的需求

  想了解更多英语考试网的资讯,请访问: 英语考试

本文来源:https://english.liuxue86.com/e/2734231.html
延伸阅读
如今的英语四级考试成绩已经不在于“过”与“不过”,而是更着重于分数的高低,所以还请广大考生注意复习和练习口语啦!因为考试通过的考生会有各口语测试也是考试中的一栏。英语四级425分算
2019-01-07
我们可以自问一下,大学生的英语水平提高是快了还是慢了?大学英语发展是快了还是慢了?下面就来看看复旦大学教授怎么说吧?想知道更多资讯,请关注网站吧!大学英语四、六级可转向社会化水平考
2019-01-07