The buying is “part of managing risk by diversifying holdings,” Philippine central bank Deputy Governor Diwa Guinigundo wrote in a mobile phone text message Dec. 8. “With the dollar weakness, they think the next best solution is to go into gold.
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As investors contend with tight credit markets, they also face weakness in the U. s. dollar and soaring commodities prices.
当投资者在与紧缩的信贷市场斗争时,他们也面临着美元的疲弱和农产品价格的上扬。
Weakness in the U. S. dollar is seen adding strength to prices, with short covering and end user buying seen aiding the higher tone.
疲弱的美元被认为是加入实力,价格,空头回补和最终用户购买看到协助较高的语调。
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