investing in gold : Gold prices pared gains on Thursday, the highest price rebounds from her post after that, the Board stated that the Fed had said at the conclusion of the monetary policy meeting on Wednesday evening that it would be "patient" before raising interest rates, which is consistent with the previous meetings which data the bank says that in which rates will remain low "for a long time."
On the Comex division of the New York Mercantile Exchange, rose, gold received in February by 0.77% to trade at $ 1,203.70 per ounce, rebounding from its highest level of $ 1,213.80 per ounce.
Gold trimmed gains after a rise in the dollar, after data showed that the number of people who filed for unemployment assistance in the US last week fell more-than-expected, pointing to the continued recovery in the labor market.
The Labor Department reported that the number of individuals who filed for initial jobless benefits in the week ending December 12 rose by 6 thousand claims to 289 000 claim from the revised total percentage in the last week of $ 295 000 claim in Economists had expected an increase of 1000 claim .
The dollar index, which measures the US currency against a basket of six major currencies, close to its highest level in five years by 89.57, up from 89.43 before the report.
Gold rose earlier after, that the mention of the Council of the Fed had said at the conclusion of the monetary policy meeting on Wednesday evening that it would be "patient" before raising interest rates, which is consistent with previous meetings, which the bank says through that rates will remain low for data "for a long time".
President of the Federal Reserve Bank also said (Janet Yellen) at the press conference following the meeting, it is unlikely that the bank to raise interest rates in "the next two meetings," which means in practice that the bank does not plan to raise interest rates before meeting for the month of April / May on the earliest possible.
Commodity markets have benefited from monetary easing for the Fed's program in recent years, has been under pressure if what has been tightening monetary policy.
Elsewhere in metals trading, March silver / March delivery rose 0.81% to trade at $ 16.06 an ounce, while March copper / March delivery fell 0.13% to trade at $ 2.86 a pound. gold investing news