EU sanctions against Russia, Palestinian-Israeli conflict, Iraq deadlock, Libyan civil war. The Federal Reserve announced that it would keep the federal funds rate unchanged at 0-0.25% and reduce the scale of quantitative easing (QE) by $654.38 billion to $25 billion per month. According to data released by the US Department of Labor (DOL) on Thursday, the quarterly rate of the US labor cost index increased by 0.7%, setting a new record. US non-farm employment fell short of expectations in July, and gold rebounded;
On Monday, the trend continued to decline. On August 5, 20 14, the transaction price reached about 255.6 yuan, the gold jewelry was about 302 yuan, and the investment gold was 265.5 yuan. The recovery price of pawn shops was only below 2 15 yuan. Therefore, it is necessary to be cautious when investing in risky businesses.
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