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CHICAGO, March 9 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as the U.S. dollar eased against a basket of currencies and continued uncertainty around Greek debt boosted the precious metal.
The most active gold contract for April delivery rose 2.2 U.S. dollars Authentic Logan Cooke Jersey , or 0.19 percent, to settle at 1,166.50 dollars per ounce.
Gold was given a boost as the U.S. dollar index, which measures the greenback's strength against other major currencies, lowered by 0.2 percent to 97.61 at 5:52 p.m. GMT. Gold and the dollar typically move in opposite directions Authentic Ronnie Harrison Jersey , as a stronger greenback makes dollar-denominated assets including gold more expensive for investors, decreasing the appeal of bullion.
The precious metal was given additional support as eurozone finance ministers on Monday prepared to continue their negotiations on a reform program proposed by Greece in exchange for further bailout. Uncertainty mounted over the results of the meeting, with some believing that little will be decided, and others arguing little time remained to approve the Greek bailout. Spain's finance minister said that Greece would need a bailout package of about 50 billion dollars after its current program ends in June.
Meanwhile, some analysts said that gold will also be buoyed by a strong Asian market where some quantitative signals from China indicated increased demand.
Silver for May delivery fell 3.1 cents Authentic Dante Fowler Jr Jersey , or 0.20 percent, to close at 15.776 dollars per ounce. Platinum for April delivery dropped 10.2 dollars, or 0.88 percent, to close at 1,148.60 dollars per ounce.
BEIJING Authentic Dawuane Smoot Jersey , Feb. 22 (Xinhua) -- A bylined opinion article was published on Saturday to expose the true nature of the "middle way" approach preached by the Dalai Lama.
Following is the translation of the article:
What is this "middle way" the by Dalai Lama preaches?
by Qi Xuan
According to news from the White House, U.S. President Barack Obama met with the Dalai Lama on Friday and expressed his support for the high monk's "middle way" approach.
What on earth is this "middle way"?
Since the 1980s, the Dalai clique has failed in their pursuit of "Tibet independence" by extremist means, under the backdrop of significant changes of international situation and the reform and opening up in China.
To get themselves out of trouble, the Dalai clique changed their approach Authentic A. J. Cann Jersey , playing the "middle way" trump card and attempting to find a new way for the so-called "Tibet cause."
The Dalai clique claim the "middle way" is within the framework of China's constitution, and nothing more than "a high degree of autonomy" over a proposed "Greater Tibet."
Though the "middle way" appears to respect China's sovereignty and territorial integrity, and does not specifically seek "Tibet independence", it is at odds with China's constitution and state system in every conceivable way. It is nothing but smoke and mirrors, camouflage and deceit.
Firstly Authentic Yannick Ngakoue Jersey , "Middle-way" rhetoric has never recognized Tibet as a part of China. The "middle way" calls Tibet an "occupied state". The "middle way" is nothing but a historical and legal means of peddling "Tibet independence" when "conditions are ripe".
Secondly, the rhetoric proposes a "Greater Tibet", -- a region extending to Tibetan areas in the provinces of Qinghai, Gansu, Sichuan and Yunnan -- or roughly one fourth of China.
Thirdly Authentic Dede Westbrook Jersey , the "middle way" demands "a high degree of autonomy", leaving all affairs but military and diplomacy under the control of the Dalai Lama. This amounts to the overthrow of China's state system on the Qinghai-Tibet Plateau.