Friday, February 13, 2015
investing in gold: Gold jumps 1% to $ 1235.20 an ounce as the dollar fell
investing in gold: Gold prices jumped one percent during trading on Friday, recouping losses week with a falling dollar after US economic data is weaker than expected.
And went up the price of gold for immediate sale to 1235.20 dollars per ounce at its highest level in the session before falling back slightly to $ 1232.50 by 1745 GMT.
Jumped US gold futures April delivery of $ 13.00 to US $ 1233.70 an ounce.
The dollar fell against major currencies after a survey showed that consumer confidence in the United States fell in February, the highest level in 11 years.
The weakness of the dollar to support gold and other assets denominated in the US currency because they become less expensive to holders of other currencies. Gold investing news
