investing in gold: Gold prices jumped to their highest level in five months during the Asian trading on Wednesday, helped by purchases for safe investment as the dollar fell and continued worries about the global economy and expectations that the European Central Bank to announce new measures to facilitate cash.
The markets are watching the European Central Thursday's meeting, which is expected to be unveiling a program of quantitative easing.
The price of gold rose 0.3 percent in the spot transactions to $ 1298.00 for an ounce, its highest level since August.
The dollar fell against the yen, which was supported by the Japanese central bank's decision to keep monetary policy stable. The dollar index, which measures the greenback's value against a basket of six currencies Risah- 0.21 percent to 92.851.
The purchases were safe for investment operations and the purchase of technical factors behind gold gains in the previous session, which amounted to one percent.
Among other precious metals silver jumped in online transactions is about 1 percent to $ 18.08 an ounce, extended their gains since the beginning of this month to 15 percent. Gold investing news