On the Comex division of the New York Mercantile Exchange, gold futures rose December / December delivery rose to $ 10.10 per ounce, or the equivalent of 0.95%, to trade at $ 1.076.90 per ounce during morning trading in the United States. Prices have fallen to 1.065.00 Dularllounsh not far from its lowest price during the last week of 1.062.00, a level not recorded by gold six years ago.
Also silver futures rose in December delivery rose 9.8 cents, or the equivalent of 0.7%, to trade at $ 14.13 an ounce. On Monday, silver prices hit 13.85 dollars per ounce is the lowest price since August / August 2009.
Turkish military official said Turkish fighter jets shot down a Russian warplane near the Syrian border after the Turkish airspace violated Tuesday.
However, the Russian Defense Ministry said the fighter plane that was shot down had not violated Turkish airspace.
He said Russian President Vladimir Putin said Russia was stabbed from behind by Turkey beat her Russian plane like this act complicit with terrorists.
Investors tend often to buy gold and silver as a refuge in times of economic and political stability and as a hedge against inflation.
According to the US Commerce Department on Tuesday that gross domestic product grew at an annual rate of 2.1% in the three months to September, in line with expectations.
According to preliminary data in the beginning that growth in the United States record 1.5% in the third quarter. The US economy grew by 3.9% in the second quarter.
It upbeat data added to expectations that the Federal Reserve is on track to raise interest rates next month.
Albaanatalnvaq showed consumer rose by 3.0%, below expectations that were looking forward to and a decrease of 3.2% from an initial estimate of 3.2% of. Usually Maimthel consumer spending 70% of economic growth in the United States.
And it decreased gold futures increased by 6% so far in November, while silver fell 9.5% amid growing expectations that the Fed will raise interest rates for the first time in nearly a decade during a meeting which takes place in mid-December .
It is supposed to cause expectations for higher interest rates in promoting downward trend for gold, where it will push the precious metal to compete to get investors' money with revenue rising rate hike assets.
It rose and the US dollar index, which measures the strength of the dollar against a basket of six major currencies, the dollar-priced commodity becomes more expensive for investors holding other currencies when the dollar rises.
Elsewhere in the metals trade, traded futures copper contracts is not far from the lowest price in the previous sessions and during 6 years, while burdened expectations about higher interest rates and higher US dollar prices on a large scale in addition to the slowdown in global economic growth in China on sentiment.
Copper prices have fallen 12% so far this month amid fears of a slowdown in the global economy, led by China with the impact of the high dollar on goods.