Gold rises to highest level in two months, with the fall of the dollarand equities

Gold rises to highest level in two months, with the fall of the dollarand equities

Gold rises to highest level in two months, with the fall of the dollarand equities

Gold rose to its highest level in two months on Friday, its fifth weekly increase in a row with the decline in the dollar and the exit of investors from around the world in emerging market assets , which weakened the appeal of the precious metal as a safe haven .

The price of spot gold 56 cents to 1264.51 dollars an ounce by 1929 GMT time . But yesterday ‘s gold earlier in the session to $ 1272.70 its highest level since mid-November .

Gold futures rose and U.S. futures for the month of February to 1264.30 dollars an ounce .

Silver fell 1.0 percent to 19.97 dollars an ounce , while palladium fell 1.5 percent to 731.00 dollars and platinum fell 1.9 percent to 1423.99 dollars

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *