Tuesday, December 23, 2014

Gold investing news : Gold bounces from the lowest price but it remains below the level of $ 1,200 per ounce


investing in gold : Gold prices pulled away from the lowest price during the trading session on Tuesday, and in three weeks, but gold remained below $ 1,200 an ounce as the dollar continued to rise in the influence on the precious metal.
On the Comex division of the New York Mercantile Exchange, gold delivery rose in February by 0.23% to trade at $ 1,182.50 per ounce.
He ended February meeting for Monday less than 1.35% to trade at $ 1,179.80 per ounce.
The dollar remained clearly high on a large scale after the Federal Reserve said last week that it was on track to raise interest rates next year, but said he would be patient before taking such a step.
And boosted higher interest rates in the United States dollar as it affects the price of gold, which benefited from the liquidity of the central banks and the environment of low interest rates since the financial crisis of 2008.
The central bank also acknowledged the improvement in the labor market in the United States, and pointed out that the economy is making progress towards achieving its objectives in inflation and employment.
Markets also shrugged off the release of industry data on Monday which showed that sales of existing homes in the United States fell 6.1% in November to November to 4.93 million units from a revised total rate of 5.25 million in the previous month.
Later in the day investors awaited the release of US economic reports and additional, including the final data and GDP in the third quarter, as well as the Core Durable Goods Orders and New Home Sales.
And was expected to remain quiet trading this week as investors spend most of the Christmas holiday away in addition to the holiday before the new year.
Elsewhere in metals trading, March silver / March delivery rose 0.40% to trade at $ 15,750 per ounce, while copper for March delivery settled / March 2873 to trade at 2 dollars a pound. gold investing news