investing in gold : Gold rose on Tuesday, its lowest level in three weeks, hit in the previous session, as the dollar fell and stocks, after gains recently.
The price of gold increased 0.7 percent in spot transactions, to $ 1182.40 an ounce (an ounce) by 7:52 pm GMT Vrench. The price of the metal fell about two percent in the previous session, to $ 1170.17 an ounce, the lowest level since the first in December
The market saw a meager liquidity with the approach of the Christmas holiday, while Japanese markets were closed Tuesday due to a public holiday. Traders are watching closely the movements of the stock, currency and oil markets to deduce them on gold trends.
And lead the rise of stocks and the dollar to decline in demand for gold as a safe haven, as lower oil prices undermine the appeal of the yellow metal as a hedge against inflation, led by crude.
The US stock market closed at historic highs, on Monday, which boosted global equities. The cohesion of the dollar index, which tracks the performance of the greenback against a basket of major currencies, near its highest level in nine years. gold investing news