investing in gold: Gold fell during the trading session on Thursday with market participants awaited the release of key US data later in the session in search of other indicators about the strength of the economy and the future path of monetary policy.
Vvfa the Comex division of the New York Mercantile Exchange, gold fell delivery in February by 2.70, or 0.22%, to trade at $ 1,208.00 per ounce during European morning trade, having the lowest rate recorded in the session at $ 1,205.00 per ounce.
On the previous day, gold fell 8.70, or 0.71%, to close at $ 1,210.70 an ounce, after data showed that the private sector in the United States added more jobs than expected by 241 000 jobs in December / December
The strong data reinforced expectations of a strong economic recovery, raising expectations for the presence of strong results in the non-farm payrolls report issued on Friday.
And was likely to find support gold at $ 1,177.80 per ounce, the lowest price January 5 and resistance at $ 1,223.30 per ounce higher price January 6 since.
Also in the Comex, silver March delivery fell 10.6 cents, or 0.64%, to trade at 16.43 Dolarellonsh.
Later Thursday, the US was to publish its weekly report on initial jobless claims.
Gold fell by 2% in 2014, amid signs that the economic recovery in the United States will force the Fed to begin in the quarter interest rates sooner than expected.
Minutes of the meeting and has not from the Federal Reserve Board, which was released on Wednesday for the month of December enough to change expectations about the start of a rate hike in the United Alolaiaat later this year.
And affects higher borrowing rates for gold as it leads to the decline, as the precious metal is struggling to compete with higher-yielding assets when the price goes up.
Elsewhere in metals trading, copper rose 1.4 cents, or 0.5%, to trade at $ 2.772 a pound, amid growing expectations that the European Central Bank will have to implement monetary easing measures at the next meeting January 22 / January
At the same time, oil prices rebounded Thursday to blame away from its lowest price since the spring of 2009, as investors returned to the market to close bets in anticipation of lower prices.
Crude oil rose 9 cents, or 0.17%, to hit 48.74 dollars a barrel, in In London, Brent oil fell 7 cents, or 0.14%, to close at 51.08.
The dollar index, which measures the US currency against a basket of six major currencies, to its highest rate in nine years, supported by the differences in expectations between the Fed's policy of central banks in Europe and Japan. Gold investing news