On the Comex division of the New York Mercantile Exchange, gold futures fell delivery in February rose to $ 50 or the equivalent of 0.05%, to trade at $ 1.055.70 per ounce during European morning session for the day. Gold fell on Friday to $ 1.051.60 per ounce, the lowest price since February 2010.
Metal prices have fallen precious to $ 13.80, or the equivalent of 1.88%, in the past week, a sixth loss weekly respectively, and the decline of gold increased by 7.5%, amid increasing the Fed's forecasts will raise rates for the first time in nearly a decade during its next meeting in mid-December First / 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.
The US dollar index rose to its highest price since April, amid growing expectations for further monetary policy in the United States in the coming months.
Market participants await with interest the letter head of the Federal Reserve Janet Yellen on Wednesday and testified before Congress on Thursday.
Investors are also watching the outcome of the European Central Bank meeting on Thursday with great interest, amid speculation that the central bank may expand monetary stimulus program.
Among the news as well as precious metals, silver futures rose in December delivery rose 4.2 cents, or the equivalent of 0.3%, to trade at $ 14.05 per ounce. Recorded and silver prices of $ 13.85 per ounce last week, the lowest price since August / August 2009.
Elsewhere in the metals trade, the decline in copper heavier rising dollar on the red metal.
Red metal prices have fallen by 11% so far in November burdened with expectations of higher interest rates in the United States and a slowdown in global economic growth, especially in China, on sentiment.