Wednesday, February 4, 2015
investing in gold: Gold rises with falling stock and cash procedures in China
investing in gold: Gold rose on Wednesday after it fell more than one percent in the previous session, with European cash equities and procedures for the decline in China to boost liquidity and combat slowing growth.
And reducing China's central bank on Wednesday, the size of the liquidity that banks must retain its reserves, in the first action of its kind since May 2012.
He added gold in the spot market 0.7 percent to $ 1268.30 an ounce (an ounce) by 1108 GMT, after a 1.2 percent fell on Tuesday, making it the fourth decline in five sessions.
The witness Spot gold down in general since his arrival to the highest level in five months at $ 1306.20 an ounce in January 22 to January trimming gains during the year to less than seven percent.
Futures rose for gold in the United States April delivery 0.6 percent to $ 1268.5 per ounce.
Gold rose despite the rise of the dollar, which rose 0.2 percent against a basket of major currencies, supported by rising yields of US Treasury bonds.
Silver rose 0.8 percent to $ 17.42 an ounce and palladium rose 1.4 percent to $ 792.30 an ounce and platinum rose 0.8 percent to $ 1240.25 an ounce. Gold investing news
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