investing in gold: Gold rose to its highest price in five months on Tuesday, with market participants wait to see whether the European Central Bank will conduct a program to buy government bonds during a meeting later this week.
On the Comex division of the New York Mercantile Exchange, gold delivery rose in February to its highest price in the session of $ 1,294.30 per ounce, the highest price since August 28 / August, before trading at $ 1,292.90 per ounce, up by 16.00 or, 1.25%.
On the previous day, gold rose 12.10, or 0.96%, to close at $ 1,276.90 per ounce.
And was likely to find support gold at $ 1,255.20 per ounce, the lowest price for gold since January 16, and resistance at $ 1,297.60 per ounce the highest price since August 28 / August.
Also in the Comex, Artftalvdh March delivery increased by 29.0 cents, or 1.63%, to trade at $ 18.04 per ounce, the highest level since September 19.
And displays the euro, under selling pressure, amid mounting expectations that the European Central Bank will carry out a program to buy government bonds at its meeting on Thursday, in an attempt to ward off the risk of deflation in the euro zone.
And continued uncertainty about the outcome of the Greek elections, which are held on Sunday, where the anti-bailout party Syriza tops opinion polls than the form of pressure on the single currency.
Elsewhere in metals trading, March copper / March delivery fell 4.6 cents down, or 1.76%, to trade at $ 2.571 a pound, after data showed that China's economy grew at the slowest rate in 24 years last year.
China said that growth in China rose by 7.4% in 2014, the slowest pace in 24 years, with quarterly data quarter exceeded expectations.
And increased Chinese GDP in the fourth quarter by 7.3%, more than forecast, which was waiting for the proportion of 7.2% to settle compared to the previous quarter.
Asian nation is the largest consumer of copper in the world, and formed 40% of global consumption.
At the same time, the International Monetary Fund cut its forecast for global growth for 2015 to 3.5% from the previous estimate of 3.8%, indicating a slowdown in the economies of China, Russia, and the euro area, Japan and oil-producing countries.
The dollar index, which measures the strength of the dollar against a basket of six major currencies, GS and rose 0.25% to trade at 93.08. Gold investing news