investing in gold : Gold futures rose during Friday's trading session as investors returned to the market to get a cheap evaluations after gold hit its lowest level in one month earlier in the session.
On the Comex division of the New York Mercantile Exchange, gold delivery rose in February by 2.10, or 0.18%, to close at $ 1,186.20 an ounce at the close of trade. The price amounted to US $ 1,167.30 an ounce earlier in the day, the lowest price since December 1.
Despite the modest gains on Friday, gold fell 8.70, or 0.76%, in the week, a third weekly loss.
And was likely to find support gold at $ 1,141.70 per ounce, the lowest price since December 1, and resistance at $ 11,210.90 per ounce the highest price since December 30.
Also in the Comex, silver March / March delivery rose 9.16 cents, or 1.08%, on Friday to close at the end of the week at $ 15.76 per ounce at the close of trade.
During the week, silver retreat March / contract for March delivery increased by 32.0 cents, or 2.35%.
The dollar index, which measures the performance the US currency versus a basket of six major currencies, rose 0.91% to its highest level in nine years by 91.47. The index rose by 12% in 2014, supported by expectations differentiated between the Fed and central banks in Europe and Japan.
The euro / dollar fell to its lowest level in four and a half years against the dollar on Friday after European Central Bank President Mario Draghi indicated an increased likelihood of monetary easing.
At the same time, oil prices continued to decline on Friday, to hit its lowest level since 2009, as investors closing short trades in anticipation of lower prices in the new year amid fears of a growing supply glut.
In London, Brent prices fell 91 cents, or 1.59%, to close at $ 56.42 a barrel, while oil fell on the New York Mercantile by 58 cents, or 1.09%, to close at $ 52.69 a barrel, a level not seen oil since May 2009 .
This week, investors awaited the release of the report of non-farming jobs from the United States for clues on the strength of the recovery in the labor market. Will also be watching the outcome of the Federal Reserve Bank meeting which will be held next Wednesday, while the euro zone was to publish preliminary data on consumer prices.
Gold fell by 1.67% in 2014, amid signs that the economic recovery in the United States buoyant force the Fed to start raising interest rates soon and sooner than previously thought.
The high expectations regressive borrowing rates on gold, as the precious metal is struggling to compete with higher-yielding assets when interest rates rise.
Elsewhere in metals trading, March copper / March delivery fell 0.8 cents, or 0.28%, on Friday to settle at $ 2.817 per pound, Pfima heavier US dollar rise broadly on oil prices.
Despite the slight decline in gold on Friday in Coombs copper rose 0.3 cents, or 0.11%, in the week.
Red metal fell by 18% in 2014 as concerns over the global economic outlook and its impact on the prospects for demand for copper in the future, thereby reducing the appeal of commodities. Gold investing news