On the Comex division of the New York Mercantile Exchange, recorded gold futures delivery in February 1244.30 dollars an ounce, the highest price since October 23 / October, before you give up part of their gains and trading at 1235.80, rising 0.24%, or the equivalent to $ 3.00, during the hours of the morning US time.
The contracts have risen by up to 1.37% or the equivalent of $ 16.70 on Monday, after that caused heavy losses in oil pushed investors toward the traditional safe-haven assets, led by gold.
It is likely to find support for these contracts at $ 1217.50, the lowest price of the day yesterday, and resistance at 1250.20, where a higher price on October 22 / October
Earlier in the day, scored Brent resounding fall 3.41%, or the equivalent of $ 1.66, for the record of $ 47.07 a barrel, while NYMEX oil record fallen to well by 3.16%, or $ 1.46, to trade at $ 44.62 a barrel.
This record and the US dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, a reading of 92.55, to stay close to its highest level in 12 years, and hit the cursor at 92.76 on Thursday.
The euro has continued to trade near its lowest level in nine years in front of a strong dollar amid expectations that the European Central Bank will take action to facilitate a strong cash in the near future and that the announcement could come at its next meeting scheduled on 22 of this month.
Gold remained supported by the jobs report released by the US Labor Department last week showed a surprise decline in the rate of pay per hour, suggesting that the Fed may keep interest rates unchanged for a longer period than expected earlier. On the contrary, it was the precious metal has fallen by nearly 2% in 2014, amid signs that the economic recovery in the United States will continue and will force the Fed to start raising interest rates soon and sooner than previously thought.
The delay in raising interest rates to support gold prices, it also reduces the relative cost of the contract to the metal, which does not offer any compensation substance similar to its investors.
Well in Comex Exchange, rose silver futures December March / March delivery rose by 2.59%, or the equivalent of 42.9 cents per ounce, to trade at $ 16.99 an ounce, after it was these contracts have been recorded of $ 17.13 an ounce earlier in the day, the highest price since December 15 / December
News and metals trade as well, futures copper contracts for delivery fell in February by 2.74%, or the equivalent of 7.5 cents, to trade at $ 2.651 a pound, after the industrial metal may record of $ 2.639 a pound, its lowest level since 2009.
This failed and the strong Chinese data released today in support of copper. The data released during the Asian trading session showed that China has recorded a trade surplus of $ 49.6 billion in December, which came largely in line with expectations. These data also showed that exports jumped by 9.7% during the same month, and imports rose less than expected 2.4%, which indicates the weakness of domestic demand in the country.
The giant Asian nation's largest consumer of copper in the world, where the consumption of representing almost 40% of the total global consumption in the past year. Gold investing news