The price of gold is heading for a global recording the biggest drop in two months
The price of gold is heading for a global recording the biggest drop in two months
5-31-14
Said the report of the gold market global in America, the stability of gold in Asian trading after a series of losses over the next three sessions, adding that, the precious metal is heading to recording the biggest weekly decline in two months with the decline of its appeal as a safe investment in the wake of data indicating the improved outlook for the U.S. economy .
The report added that the yellow metal is also affected by the rise of the stock markets and the rise of the dollar, while the markets are still monitoring the situation in Ukraine.
He said the report also said that the price of gold rose in online transactions rose 0.2% to 1257.50 dollars an ounce, but remained not far from its lowest level in 16 weeks, at a price of 1251.10 dollars, which hue to it in the previous session, with losses of gold since the beginning of the week about 3 %.
khabaar.net
