investing in gold: Gold may consolidate because of the return of students in East Asia

investing in gold : though gold falling sharply during last Tuesday to levels approached than $ 1065, but the yellow metal precious tried to rise with the end of last week and was able to come in contact with during Friday's trading at $ 1087 an ounce and then closed at $ 1077, down slightly from the level of the opening the center of large volumes of electronic speculation, according to what he described as market experts.
The analysis may indicate a continued decline in the medium term because of fears of raising US interest rates, which may increase the strength of the dollar, but there are those who are betting on the return of demand for the yellow metal, especially in the East Asian countries to form a safe haven against the fluctuations of major currencies, which could make gold consolidating at current levels or rise slightly.