Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold continues to rise as it touched a 2½-month peak of $1,123 per troy ounce yesterday. Gold in euro terms gained €1,035 per troy ounce as the EUR/USD exchange rate did not change significantly. This resulted in gold in euro terms to exceed the 200-day moving average.
According to data from Hong Kong's Census and Statistics Department, China's December imports from Hong Kong netted129.3 tons of gold, marking an 81% growth year-on-year figure. Thus the imports for the year summed up to 861.7 tons, exceeding the previous year's level by 6%.
China's gold imports have grown strongly on lower gold prices, fears of further depreciation of the CNY and upcoming Chinese New Year's festival. The high demand was also shown on the Shanghai Gold Exchange as nearly 2,600 tons of gold were withdrawn in 2015, recording its highest since 2013.
Markets draw their attention towards the Federal Reserve meet as they expect the Fed to provide cues for further interest rate hike, which would probably provide further direction as regards to gold.
