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Gold down from the highest level in two weeks with the rise of the dollar
08.10.2015 at
Baghdad)
Follow-up - the balance of News
Gold prices fell, retreating from its highest level in two weeks with the rise of the dollar but expectations that the Federal Reserve (the US central bank) Sarjie raise interest rates until next year restricted the precious metal losses.
The price of gold ended in the present contract of sale transactions in the US market was down 0.1 percent at $ 1145.50 the ounce after jumping earlier to $ 1153.30, its highest level since 24 September.
The markets await the Federal Reserve Meeting Minutes (Fed) for the month of September, which will be published at 1800 GMT on Thursday.
Data on Tuesday showed that US exports suffered a blow from the global economic slowdown in August and rising imports from China resulting in the largest increase in the US trade deficit in five months.
And displays of gold under pressure because of expectations that the Fed will raise interest rates this year, which is more than the cost of maintaining metal which does not generate a return.
Among other precious metals silver jumped to $ 16.10 an ounce, its highest level in three and a half months continue to climb for the fourth session in a row and extended their gains since the beginning of the month to 8.5 percent. It ended 29 quarters e
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