Investing in gold : Gold has strengthened its gains on Friday, stays initiated by the inproovement on Thursday as expectations that slowing led the Federal Reserve (Fed) to raise interest rates to cover the city centers of operations after prices approached the lowest level in six years.
Analysts said the market was down more than necessary since the yellow metal fell to its lowest level since February in February 2010 at $ 1064.95 an ounce (an ounce) on Thursday. The proposal came in the last minutes of the meetings that the US central bank is moving cautiously on interest rates to cover the short positions of operations.
By 1235 GMT, the spot price of gold rose 0.1 percent to $ 1083.48 an ounce, while US gold futures rose December delivery five Dolart an ounce to $ 1082.90 an ounce. It is expected to end the week on a limited gold changed after prices jumped 1.1 percent on Thursday.
Silver rose 0.4 percent in spot transactions to $ 14.28 an ounce and platinum rose 1.2 percent to $ 863.50 and palladium jumped 2.1 percent to hit 548 dollars an ounce.
