Gold notches fourth straight record day

 　　CHICAGO, Aug. 19 (Xinhua) -- Gold futures¹ on the COMEX Division of the New York Mercantile Exchange ended sharply higher on Friday, notching² a new record-settlement high for the fourth time this week, as investors³ remained cautious about stocks and held more of the precious metal in search of safety.

　　The most active gold contract for December delivery hiked 30.2 dollars, or 1.7 percent, to 1,852.2 dollars per ounce. It traded as high as 1,881.40 dollars an ounce, an intraday record for the metal.

　　The precious metal registered a weekly gain of 6.3 percent. It also climbed 14 percent this month, having ended July at 1,631.2 dollars an ounce.

　　Market analysts⁴ mentioned that gold and silver were among the very few markets that managed to post gains this week, as spiking⁵ concerns that the global economy will fall back into recession gripped investors, with exporter stocks in many markets tumbling on concerns about weakening demand.

　　"It has become apparent that the fragility in the European Union's debt crisis have the New York Federal reserve questioning the stability of the Euro Region Banks," said Mike Daly, a gold specialist with PFBbest here in Chicago, "This along with the U.S. dollar notching a new record low versus⁶ the yen⁷ has investors questioning the stability of the world's economy," Daly added.

　　Meanwhile, gold also gained strength as the a slew⁸ of macroeconomic data, including Thursday's downbeat reading on factory activity in the Philadelphia region, showed the U.S. economy is showing new signs of fatigue⁹, unsettling consumers and discouraging business

　　And many traders agreed that this week's rally has been supported by a huge underlying¹⁰ demand to buy physical bullion¹¹.

　　But Daly also warned that gold market remains¹² technically¹³ overbought and very top heavy, investors should be cautious that any U.S. dollar friendly news could start a profit taking sell-off in the gold market.

　　Silver for Sept. delivery soared 1.744 dollars, or 4.3 percent, to 42.432 dollars per ounce. Platinum¹⁴ for Oct. delivery rose 27.2 dollars, or 1.5 percent, to 1,874.9 dollars per ounce.

1 futures   

n.期货，期货交易

参考例句：

• He continued his operations in cotton futures.他继续进行棉花期货交易。
• Cotton futures are selling at high prices.棉花期货交易的卖价是很高的。

2 notching   

adj.多级的（指继电器）n.做凹口，开槽v.在（某物）上刻V形痕( notch的现在分词 )；赢得；赢取；获得高分

参考例句：

• Results are very linear and free from phase notching. 结果非常线性，没有相位凹口。 来自互联网
• This means that the system only improves, always notching forward, never backsliding. 这意味着系统只能够被改进，总是向前的，从不会倒退。 来自互联网

3 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

4 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

5 spiking   

n.尖峰形成v.加烈酒于( spike的现在分词 )；偷偷地给某人的饮料加入（更多）酒精（ 或药物）；把尖状物钉入；打乱某人的计划

参考例句：

• High spiking fever with chills is suggestive of a complicating pylephlebitis. 伴有寒战的高热，暗示合并门静脉炎。 来自辞典例句
• We could be spiking our own guns. 我们可能要遭到失败。 来自辞典例句

6 versus   

prep.以…为对手，对；与…相比之下

参考例句：

• The big match tonight is England versus Spain.今晚的大赛是英格兰对西班牙。
• The most exciting game was Harvard versus Yale.最富紧张刺激的球赛是哈佛队对耶鲁队。

7 yen   

n. 日元；热望

参考例句：

• He wanted to convert his dollars into Japanese yen.他想将美元换成日币。
• He has a yen to be alone in a boat.他渴望独自呆在一条船上。

8 slew   

v.（使）旋转；n.大量，许多

参考例句：

• He slewed the car against the side of the building.他的车滑到了大楼的一侧，抵住了。
• They dealt with a slew of other issues.他们处理了大量的其他问题。

9 fatigue   

n.疲劳，劳累

参考例句：

• The old lady can't bear the fatigue of a long journey.这位老妇人不能忍受长途旅行的疲劳。
• I have got over my weakness and fatigue.我已从虚弱和疲劳中恢复过来了。

10 underlying   

adj.在下面的，含蓄的，潜在的

参考例句：

• The underlying theme of the novel is very serious.小说隐含的主题是十分严肃的。
• This word has its underlying meaning.这个单词有它潜在的含义。

11 bullion   

n.金条，银条

参考例句：

• In the London bullion market yesterday,the price of gold was steady.昨天伦敦金银市场黄金价格稳定。
• Police have launched a man-hunt for the bullion robbers.警方已大举搜捕抢劫金条的罪犯。

12 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

13 technically   

adv.专门地，技术上地

参考例句：

• Technically it is the most advanced equipment ever.从技术上说，这是最先进的设备。
• The tomato is technically a fruit,although it is eaten as a vegetable.严格地说，西红柿是一种水果，尽管它是当作蔬菜吃的。

14 platinum   

n.白金

参考例句：

• I'll give her a platinum ring.我打算送给她一枚白金戒指。
• Platinum exceeds gold in value.白金的价值高于黄金。