In 2008, China's gold output exceeded 282 tons. This is 1 1.5 tons more than the output in 2007. Shandong, Henan and Jiangxi are the three largest gold-producing provinces in China. These three provinces provide more than 46% of the national output. After the US dollar index rose, commodity prices fell. Before the weekend closing and the announcement of the US consumer price index this morning, the price of gold was still within the trading channel of 1,125–1,150. When the support still appears in the price range of 1, 1 15 USD–1, 130 USD, gold still needs to be above 1, 150 USD and move towards/kloc-0. Spot gold trading in new york fell by $8.50 at the opening, reaching $65,438+0,65,438+033.00, with the US dollar index of 77. 14 and the original oil price of $78.84/barrel (down 55 cents). A week ago, crude oil was 4 dollars higher than the current price. Silver opened at $65,438+08.53 an ounce, down 65,438+03 cents that day. Platinum also opened lower, down 10 USD to 1 USD, 60 1 USD per ounce. Palladium continued its rally, opening up $5 to $447 an ounce. Platinum and palladium ETFs launched by the United States clearly dominated the price situation in these markets in the past week. Speculation in commodity markets (and how to control it) seems to have been in the minds of American regulators for a long time after the crude oil bubble became the creator of headlines last year. Yesterday, the Commodity Futures Trading Commission (CFTC) set strict limits on the number of crude oil futures contracts that an investor can hold. Now, Chairman CFTC said that the meeting he planned to hold in early March will discuss the possible position limits of metal futures and options contracts, and this discussion will also focus on gold and silver contracts. Amazing? Almost nothing will come of it. Who knows this time? For example, after the news leaked, the purchase of gold futures increased in a tense situation, which was regarded as the speculation of CFTC trying to avoid possible measures to control metal trading in the future, some traders said. It's good. Anyway, this is the market reaction yesterday. There are still many uncertainties about how all this will be presented. The daily bell ... is ringing in its own way, alleviating people's feeling that gold and silver may remain outside the radar of regulators because of their global transactions: "So in the final analysis. CFTC, which deals in gold and silver, is worried about the "speculative bubble" and decided to go beyond this curve. It may limit the amount of metals that can be purchased, in short, set a trading volatility that cannot be broken on any day or even day after day. Who knows? This concern is caused by the collapse of the stock market, and legal tender-driven investment is generally considered to have generated CFTC's interest in various commodity speculation. By the way, what is the direction of the CFTC, then other western countries, even countries such as Asia ... may follow. " Later, the Federal Reserve seems to believe more and more that there is some real traction in American economic recovery, and it is moving towards self-sustainable development and possible job creation. This progress has brought some urgency to the debate on the nature and timing of the exit strategy from the current historical era of low interest rates.