investing in gold: Gold rises by the decline in the stock but it's still near the lowest price in 3 weeks

investing in gold: Gold prices rose on Monday, with the decline in European equity markets by Chinese economic data disappointing but the metal is still near its lowest level in three weeks hit in the previous session due to concerns about US interest rates and on own debt of Greece negotiations.

The increased price of gold in online transactions 0.7 percent to $ 1241.43 an ounce (an ounce) by 1946 GMT, with falling stock markets after weak Chinese trade data raised fears of a slowdown intensifies the largest economy in the world second.

The price of gold futures settled at the COMEX Exchange 0.6 per cent to $ 1241.50 an ounce.

The yellow metal reached its lowest level in three weeks when the record of $ 1228.25 an ounce on Friday before ending the session down 2.5 percent after the release of strong US jobs data boosted expectations for higher US interest rates.

The data showed on Friday issued a significant growth of the number of US jobs in January, and the recovery of wages, including highlights the strength of the economy, which revived expectations of a new lift that the Federal Reserve (Fed) interest rates in the middle of the year.

Higher interest rates could weaken demand for gold as an asset that does not generate interest and will strengthen the dollar.

The price of silver rose in online transactions 0.2 percent to $ 17.02 an ounce.

The platinum price fell 0.4 percent to $ 1214.95 an ounce, while palladium down 0.7 percent to $ 776.50 an ounce. Gold investing news