Gold rises with the fall of the dollar, but remains near the lowest price in four and a half years
Gold rises with the fall of the dollar, but remains near the lowest price in four and a half years
06/11/2014 10:26 GMT
Agencies – Gold prices rose slightly on Thursday as the metal hinges breathtaking after a big rise, but still near the lowest level since April April 2010 amid growing fears of a slide towards the level of a thousand dollars an ounce.
And began a wave of selling on Friday when gold broke through the US $ 1180 level, the lowest level reached during the last year, falling by 28 percent. Since then extinguished the strength of the dollar and penetrate more technical levels, gold glitter.
The price of gold rose 0.3 percent in the spot transactions to 1144.10 dollars per ounce at 0728 GMT. The precious metal fell more than two percent to the lowest level in four and a half years when the record of $ 1137.40 on Wednesday.
Analysts said the metal could reach the level of a thousand dollars an ounce after the hostel without the support level of $ 1150.
Silver fell 0.13 percent to $ 15.32.
And went down 0.19 percent platinum price to $ 1202.5 an ounce, while palladium fell 0.12 percent to $ 755.2 an ounce.
alrayy.com
