investing in gold : Gold prices rose to their highest level in two and a half, has been met with support from buying to cover short positions after it was reported that China's central bank is considering easing the liquidity requirements of the banks in the country.
The price of gold in the spot transactions 2.1 percent to $ 1199.00 trading session higher levels due to the recovery of oil prices and the stability of the dollar against the basket of major currencies.
By 1927 GMT, the price of gold rose in online transactions 1.9 percent to $ 1195.11 an ounce (an ounce).
And away from gold so its lowest level in three weeks of $ 1170.17, which hit earlier this week.
Rose gold futures prices for February delivery settled at Comex Exchange 1.9 percent to $ 1195.30 an ounce.
Crude oil prices rose as caused unrest in Libya in lower production, which lent support to gold. The yellow metal in general tool to hedge against inflation, which is fueled by oil.
He also met with the support of the stability of the gold dollar, which remained near its highest level in nine years, which hit earlier this week.
Liquidity and weak with the closure of major markets in the region such as Australia, Hong Kong and Singapore on Friday. London market was also closed, but the New York market resumed trading.
Among other precious metals silver rose in online transactions 2.7 percent to $ 16.09 an ounce and platinum climbed 2.2 percent to a rate of $ 1212.74. The palladium price jumped 1.3 percent to $ 813.80 an ounce. And moving toward silver and platinum record annual declines and palladium is heading towards his third consecutive annual increase. gold investing news