单项选择题
PART FOUR
·Read the following text.
·Choose the best word to fill each gap.
·For each question (19—33) mark one letter (A, B, C, D) on your answer sheet.
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Gold edged up in Asia’s afternoon trade on Thursday and looked well-supported around $400 by soaring (19) oil prices rekindling concern over inflation, traders said. Spot gold was at $404.20/404.70 a(an) (20) by 0412 GMT compared with $404.00/404.50 (21) quoted in New York on Wednesday. Dealers pegged key resistance at $405 an ounce. Dealers said investors were likely to lock in profits at current (22) prices but rising oil prices have (23) some physical demand. Gold has (24) by nearly nine percent since (25) this year’s low of $371 an ounce in May. "The outlook is still for oil prices to reach $50 a barrel, having already risen $10 since the end of June and a whopping $16 a barrel or 50 percent over the last year," N M Rothschild said in a(n) (26) . "The market remains (27) about supply disruptions from Iraq. Higher oil prices bode well for gold, as the potential for inflation increases, which gold has historically been seen as a hedge against," it said. In the Tokyo gold (28) , the benchmark June 2005 gold contract rose one yen per gram to 1,424 yen. Gold has been (29) around $400 this week, but it is still some way off the heights (30) in January, when the market hit a 15-year peak of $430.50 as the euro (31) against the U. S. currency. The euro was little changed at $1.2337. Some dealers pegged upside target at $410 an ounce but any move upward would (32) on how the dollar behaved against other (33) . "There’s a little bit of physical demand but overall trading is quiet. I think trading range in Asia will be between $404 to $406 an ounce," said one dealer in Hong Kong SAR, a key bullion trading center in East Asia. |
19（）
A．rude
B．rough
C．pure
D．crude