investing in gold : Gold losses are continuing with expectations of higher interest rates and the strength of the dollar

investing in gold: - Gold continued losses on Monday and went down near the lowest level in six months hit last week due to the strength of the dollar and the statements of officials of Federal Reserve  enhance the possibility of raising US interest rates next month.
And went down in the spot gold trading 0.7 percent to $ 1070.01 an ounce ounce by 0644 GMT, extending losses for the thirteenth session of the 16 trading session this month. Hui and the yellow metal to $ 1064.95 last week, the lowest level since February February 2010.
Speculation the US central bank to raise interest rates for the first time in nearly a decade this year since the release of strong US jobs data earlier this month. And it promoted officials in the bank statements these expectations.
John Williams, president of the Federal Reserve in San Francisco, said on Saturday that there was a "strong case" to raise interest rates during the Policy Committee meeting next month unless issued disappointing economic data.
On the previous day the President of the Council reserves stated in New York that he should be the central US to raise interest rates "soon" with the growing confidence of bankers Bank recovery low level of inflation and the stability of employment rates.
And it tracked the rest of the precious metals after gold tumbled downhill and silver to $ 13.86 an ounce, the lowest level since August 2009
Platinum fell 1.7 percent to near the lowest level in seven years at $ 840.40 an ounce last week, which reached as palladium down 1.7 percent to $ 550.25 an ounce.