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Gold down to the lowest price in 4 weeks amid expectations of higher US interest
03.11.2015
Gold fell to its lowest level in four weeks, extending a decline for the fourth straight session in light of the deteriorating technical indicators and fears of investors to raise the Federal Reserve (the US central bank) interest rates this year.
Yellow metal did not benefit from a falling dollar after weak data in the surveys on China's manufacturing industry has supported the currency, which is a safe haven, including the yen. And it rose in the US and European shares.
And went down the price of gold in the spot transactions to $ 1132.35 an ounce (an ounce) in early on Monday morning to hit its lowest level since the fifth of October. By 1931 GMT, lost 0.6 percent to hit US $ 1135.551.
And record metal biggest weekly drop him in nine weeks last Friday.
It fell Gold futures in the United States 0.5 percent at the settlement to $ 1135.90 an ounce.
Gold rose last month to support speculation that the weak global economy drives the US central bank to delay raising interest rates next year.
But the tone of the central bank at its meeting last week, which tended to tighten monetary policy sparked selling of the metal.
Platinum lost 0.7 percent in the immediate decades to come down to $ 975 an ounce, while palladium fell 4.5 percent to $ 642.97 an ounce, its lowest level in five weeks.
And silver fell 0.8 percent to $ 15.39. Ended 29/4 e
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03.11.2015
Gold fell to its lowest level in four weeks, extending a decline for the fourth straight session in light of the deteriorating technical indicators and fears of investors to raise the Federal Reserve (the US central bank) interest rates this year.
Yellow metal did not benefit from a falling dollar after weak data in the surveys on China's manufacturing industry has supported the currency, which is a safe haven, including the yen. And it rose in the US and European shares.
And went down the price of gold in the spot transactions to $ 1132.35 an ounce (an ounce) in early on Monday morning to hit its lowest level since the fifth of October. By 1931 GMT, lost 0.6 percent to hit US $ 1135.551.
And record metal biggest weekly drop him in nine weeks last Friday.
It fell Gold futures in the United States 0.5 percent at the settlement to $ 1135.90 an ounce.
Gold rose last month to support speculation that the weak global economy drives the US central bank to delay raising interest rates next year.
But the tone of the central bank at its meeting last week, which tended to tighten monetary policy sparked selling of the metal.
Platinum lost 0.7 percent in the immediate decades to come down to $ 975 an ounce, while palladium fell 4.5 percent to $ 642.97 an ounce, its lowest level in five weeks.
And silver fell 0.8 percent to $ 15.39. Ended 29/4 e
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