Strong rise in the price of gold
03/08/2014 13:25
Stabilized the price of gold during trading on Friday, after a strong rise in Thursday's session, it reached its highest level in four months. It is expected to record the precious metal's fifth weekly gain in a row, taking advantage of the weakness of the dollar, as well as its attractiveness as a safe haven in light of the political tension in Ukraine.
gold rose about 9% in the last five weeks, but did not record showed little change during trading yesterday, after he declined to Investors put big bets before a key report on employment in the United States.
Ukrainian crisis is still the biggest factor supporting gold. And settled Spot gold at 1349 dollars per ounce by 0715 GMT, after rising 1%, to increase the percentage to rise during the week to 2%.
benefit prices also of the weak dollar, which fell against the euro, after the European Central Bank decided to keep interest rates unchanged.
silver rose 0.19% to 21.48 dollars an ounce, and platinum rose 0.11% to U.S. $ 1479.25 and palladium rose 0.15% to 778.46 dollars.
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03/08/2014 13:25
Stabilized the price of gold during trading on Friday, after a strong rise in Thursday's session, it reached its highest level in four months. It is expected to record the precious metal's fifth weekly gain in a row, taking advantage of the weakness of the dollar, as well as its attractiveness as a safe haven in light of the political tension in Ukraine.
gold rose about 9% in the last five weeks, but did not record showed little change during trading yesterday, after he declined to Investors put big bets before a key report on employment in the United States.
Ukrainian crisis is still the biggest factor supporting gold. And settled Spot gold at 1349 dollars per ounce by 0715 GMT, after rising 1%, to increase the percentage to rise during the week to 2%.
benefit prices also of the weak dollar, which fell against the euro, after the European Central Bank decided to keep interest rates unchanged.
silver rose 0.19% to 21.48 dollars an ounce, and platinum rose 0.11% to U.S. $ 1479.25 and palladium rose 0.15% to 778.46 dollars.
[You must be registered and logged in to see this link.]