Monday, December 29, 2014

Gold investing news : Gold keeps on rising, but remains below the price of $ 1,200 per ounce


investing in gold : Gold prices remained unchanged on Monday near the highest price in one week but remained below $ 1,200 per ounce with the continued rise of the dollar impact on morale.
On the Comex division of the New York Mercantile Exchange, gold delivery in February traded, up by 0.04% to hit US $ 1,195.80 per ounce.
And ended in February to hold a session on Friday, up by 1.86% to trade at $ 1,195.30 per ounce.
At the same time, the dollar remained supported widely after the final data released last week which showed that the GDP in the United States rose by 5.0% in the third quarter, beating expectations for growth of 4.3% and a rise of 3.9% in the three months to June / June
The strong data fueled more optimism about the strength of the economic recovery in the United States, said there are expectations that the Federal Reserve Board to raise interest rates next year.
And helps rising interest rates in the United States on the rise in the dollar but it affects the gold, which benefited from the liquidity of the central banks and the decline in interest rates Amund financial crisis of 2008.
And was expected to remain quiet trading this week because of the New Year holiday.
Elsewhere in metals trading, March silver / March delivery rose 0.53% to trade at $ 16.233 an ounce, while March copper / March delivery rose 0.36% to hit US $ 2,824 per pound. gold investing news