Home
Gold climbs supported the dollar and expectations of a decline to postpone the lifting of US interest
07.10.2015
Gold prices surged to their highest level in nearly two weeks on Tuesday as the dollar fell against major currencies in the wake of US economic data disappointing raised doubts about the increase of interest rates in the United States this year.
Platinum and record the best performance among the precious metals amounted to jump 3 percent.
And went up in the spot price of gold transactions during the session 1.4 percent to $ 1151.20 for an ounce, its highest level since the twenty-fourth of September, before ending the trading session in the United States, up 1 percent at $ 1147.01 an ounce.
And it increased US gold futures for December delivery 0.8 percent to a record settlement of $ 1146.40 when an ounce.
The yellow metal continued its gains after the jump recorded on Friday, which amounted to 2.2 percent, the largest increase for one day since the fifteenth of January, which followed data showing that employers in the United States crafted to curb employment in the past two months.
Monday's data showed the pace of US service sector growth slowed in September, although analysts said the increase in US interest rates in December, can not be completely excluded.
Analysts also pointed out that "the growing international tensions after airspace violation of Russian war planes to Turkey, a NATO member gives a boost to gold are likely to continue in the short term before he returns the focus to what the Fed will do about interest rates."
Gold also benefited from the dollar fell against a basket of major currencies and the rise of global stock markets.
And emerged as a star among the precious metals platinum in Tuesday's session, rising 3.1 percent to 940.25 dollars an ounce after it hit its lowest level in almost seven years at $ 888 on Friday, which analysts said he allowed the buyers of Industrialists price relatively well.
Dollar extended gains above SMA 200 an ounce in the day. And silver gains amounted to about 10 percent since the close on Thursday.
Palladium rose to its highest since June at $ 712.50 an ounce as it continues to benefit from expectations of rising demand for cars that run on gasoline, where the metal is used in the purification devices exhaust emissions because of the scandal of diesel engines in cars Volkswagen. It ended 29 quarters e
[You must be registered and logged in to see this link.]
