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Gold fell to its lowest level in about two weeks during Asian trading on Thursday as investors awaited U.S. data for guidance on the strength of the largest economy in the world , while platinum fell from its highest level in two and a half before the planned strikes in the mines of South Africa.

The price of spot gold 0.4 percent, to 1235.20 dollars an ounce by 0255 GMT, time after scoring earlier to $ 1232.19 , its lowest level since the tenth of January.

Platinum fell from the highest level in two and a half struck on Monday with expectations that stops half the world’s production of platinum on Thursday with a pledge labor unions in South Africa to go ahead with strikes to press for wage increase

Gold prices dropped on Wednesday to continue falling the previous session has been affected by the weakness of art and the rise of the dollar and U.S. stocks .

Platinum prices jumped due to concerns over supply after the supply company that closed Impala   its mine in South Africa, a day before a planned strike because of a dispute over workers’ wages .

By 1900 GMT, the spot price of gold up 0.1 percent to 1239.50 dollars per ounce after it came down about one percent on Tuesday , the biggest drop for a single session this year .

Investors are reluctant to inject new funds in gold amid the global economic recovery led by the United States which promotes equity markets and diminish the appeal of the precious metal .

The price of platinum rose 0.4 percent to 1455.00 dollars an ounce .

The price of silver rose 0.1 percent to 19.865 dollars per ounce , while palladium rose 0.2 percent to hit 745.50 dollars.

Gold Prices rose in Asian market Monday to continue the rally for the third consecutive day registered the highest level in six weeks , thanks to signs of rising physical demand especially in China, the largest consumer of metals in the world , and in addition to a rise in gold holdings in index funds backed by gold .

Gold ended Friday’s trading , up by 1.0 percent and achieved a rate of almost a weekly rise of 0.6 percent, extending gains for the weekly fourth consecutive week .

Gold rose by 08:00 GMT to the level of 1253.76 dollars an ounce from the opening level of $ 1252.10 , and recorded the highest level of 1259.81 dollars the highest since December 12 last December and the lowest level of 1252.10 dollars.

Chinese demand

Increased volumes in the Shanghai Gold Exchange for the second consecutive day in a sign of rising demand for the precious metal before the start of the Spring Festival .

China is expected to be installed on the throne of countries in the world in terms of consumption of Gold, where he is expected to announce soon the World Gold Council said China has become the largest country in the world consumer of the precious metal to exceed for the first time India , which affected demand in the wake of restrictions imposed by the Indian government on gold imports .

SPDR Fund

Increased gold holdings at the fund SPDR Gold Trust the largest ETF backed by gold in the world increased by 0.9 percent on Friday, about 7.5 metric tons , the biggest gain in a single day since November 2011, bringing the total holdings of 797.05 metric tons to remain near the lowest level since five years , and the fund’s holdings declined in 2013 by about 41 percent .

Gold prices rose on Friday as the dollar fell from its highest level in seven weeks after a report of weaker -than-expected new jobs in the United States raised the expectations that the Federal Reserve is moving at a slower pace in reducing its program of monetary stimulus , which supports Asouka goods.

Gold has lost almost 30 percent of its value in 2013 , after surging over 12 years because of the fear of investors to reduce the active stimulus measures taken by the U.S. central bank, which pushed them to convert their investments to stocks .

The price of spot gold was up 0.6 percent to 1246.60 dollars an ounce in late trading in the U.S. market .

Futures jumped U.S. gold for February delivery 1.41 percent, to 1246.70 dollars an ounce .

With the decline in the dollar -denominated gold becomes the currency of America is less expensive to holders of other currencies.

The price of silver rose in spot transactions of more than 1 percent to 20.13 dollars an ounce and platinum rose 0.8 percent to 1432.49 dollars an ounce and palladium rose about 1 percent to 741.75 dollars an ounce

The price of gold fell on Tuesday after gains over five sessions, with the rise of the dollar and the stock markets with the support of optimism about the global economy , although the gains could be limited in the near term due to the modification of the funds relative weights of gold in the beginning of the year .

Gold climbed in the spot market about four percent over the last five sessions, and this is mostly due to falling stock markets after record gains in 2013.

The inn gold in the spot market on Tuesday, 0.8 percent to 1227.80 dollars an ounce by 1456 GMT, time after he settled in earlier in the session without the highest price in three weeks of 1248.30 dollars struck on Monday.

Decreased Gold futures in the United States for February delivery to $ 10.30 to $ 1227.50 an ounce .

Gold fell 28 percent last year with the announcement of the U.S. central bank to change its monetary policy soft .

Analysts said that with the improved macroeconomic conditions will remain gold prices vulnerable to further losses in the light of the start of a program to reduce monetary stimulus the U.S. in January , the prospect of the rise of the dollar and the decline in inflation is likely to adversely affect the interest of investors.

Silver fell 2.4 percent to 19.67 dollars an ounce .

Platinum was down 0.4 percent to 1407.74 dollars an ounce .

And palladium lost 0.2 percent at 734.11 dollars an ounce

Swiss central bank said on Monday it incurred a net loss of 9 billion Swiss francs , ” 9.9 billion dollars ” in the past year to the decline in the value of its gold reserves sharply lower after the price of the yellow metal .

And forced the Swiss National Bank , ” central ” , based in Zurich to write off 15 billion francs of the value of what he has gone , while reaching its profits from dealing in foreign currencies and selling of bank rescue fund to 6 billion francs.

The bank stressed that as a result it will not distribute any dividend this year on the state and Kantonadtha also will not get shareholders a dividend .

The price of gold fell by a quarter to around $ 1,200 an ounce , ” ounce ” in the period between January to December of last year

Gold rose on Monday, extending its rally for the fourth day in a row , its highest level in three weeks on the back as investors bought the metal as a safe haven as a result of falling global equities in Asia , Europe and the United States .

Gold ended Friday’s trading , up by 1.1 percent, its second weekly gain in a row after rising by 1.8 percent over the past week.

Gold rose by at 07:55 GMT to the level of 1239.90 dollars an ounce from the opening level of $ 1236.74 , and recorded the highest level of 1246.22 dollars the highest since December 17 last and the lowest level of 1232.86 dollars.

Global stock

Controlled landing on a wave of global stock markets as a result of correction and profit-taking after rises for a long time in Asia and Europe and record highs on Wall Street in the United States .

Index MSCI Asia Pacific 0.8 percent on Monday and Japan’s Nikkei index fell 2.4 percent and fell broader Topix index of Japan’s 0.8 percent .

The wave of falling stocks and gains from the previous highs pushing investors to buy precious metals , led by gold as a safe haven for the exploitation of low prices during this period .

The price of gold rose on Friday for a fourth straight session and hitting its highest level in two weeks due to weak equity markets , which encouraged investors to buy the yellow metal as a safe haven .

Gold and enjoys the support of a strong demand from the spot market in China is expected to record the best weekly performance since October .

The rise in gold after losing almost 30 percent in 2013 , which put an end to the 12 -year-old continued to rise because of the U.S. central bank plans to withdraw monetary stimulus .

Analysts have warned that the driving force for gold in the first days of the new year will not last long and is likely to record a decline another metal in 2014 .

Gold rose in online transactions 0.85 percent to 1234.90 dollars an ounce by 0708 GMT, time and had recorded of $ 1238.70 earlier , the highest price since Dec. 18 . Gold climbed 1.6 percent on Thursday .

Silver was trading near its highest level in two weeks also after rising 3.5 percent in the previous session .

Silver rose 0.55 percent to 20.11 dollars an ounce and platinum rose 0.36 percent to 1405.5 dollars an ounce and palladium rose 0.27 percent to 728.22 dollars an ounce