Gold stable with the dollar’s decline and the rise of the stock

Gold falls from a high level within the process of correction after achieving the biggest daily gain in three months

Gold jumps in thin trade However expectations bleak

Gold prices steadied on Friday and is expected to conclude the week without little changed because of the dollar’s decline after the release of a range of other weak U.S. data , but the rise of the stock rebound weaker momentum ascended the precious metal near its highest price in three and a half months .

But yesterday, gold highest level since 31 October last Tuesday when reached 1332.10 dollars per ounce , after rising more than four percent last week , its biggest weekly gain since mid- August.

The price of gold has received the support of a series of U.S. data weaker than expected made ​​some expect the direction of the U.S. central bank to slow the pace of the withdrawal of monetary stimulus measures , which supports gold .

The price of gold is stable in the spot market at 1323.01 dollars an ounce by the time 1525 GMT, while U.S. futures contracts rose gold for April delivery $ 6.40 to U.S. $ 1323.30 an ounce .

The price of silver in online transactions 0.2 percent to 21.75 dollars an ounce , while palladium rose 0.4 percent to 737.25 dollars and platinum jumped 0.9 percent to 1422.74 dollars

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