investing in gold: Jumped the price of gold above $ 1,100 ounce for the first time in nine weeks on Thursday as the dollar fell and investors tended to shift their money to the assets of the safest for the fourth consecutive day with damage to the global stock of concerns about the Chinese economy.
The stock fell in the major stock exchanges for the sixth consecutive day, while oil prices recovered from their lowest levels in several years with the absorption of troubled markets to move China to devalue its currency, the yuan, and Beijing's efforts to stabilize the faltering stock market has.
The price of gold in the spot transactions to the highest level in nine weeks at $ 1109.94 an ounce before trimming gains to trade up by 1.3 percent at $ 1108.45 an ounce by 1903 GMT.
It jumped US Gold futures settled 1.5 percent to $ 1107.8 an ounce, its highest level in nine weeks as well.
Among other precious metals fell palladium, which is used in the purification of exhaust systems in the automotive industry to the lowest level since August August 2010 to $ 481.67 an ounce.
Two gold and also in support of the descent of the dollar and the publication of the minutes of the last meeting of the Monetary Policy Committee Federal Reserve (the US central bank) and assured the markets that a gradual increase in interest rates this year.
Silver rose 2.1 percent to $ 14.3 an ounce, while platinum fell 0.3 percent to $ 873.3 an ounce.
