Friday 29 April 2016

The price of gold to its highest level since 7 weeks



Singapore (Ina) - The price of gold rose to its highest level in seven weeks, while silver for the highest price jumped 15 months ago during the Asian trading on Friday, with the survival of a weak dollar after it surprised the Bank of Japan 's markets to refrain from expanding its monetary stimulus. 
Scored dollar and the euro on Thursday , the biggest losses for one day against the Japanese yen in more than five years after the decision of the Bank of Japan.  
According to the newspaper Okaz, it has stepped up the price of gold for immediate sale 1 per cent to $ 1280.60 an ounce, the highest level since March 11 before falling back slightly to $ 1276.50 by 4:20 GMT.And hit the yellow metal this week 's gain of 3.5 per cent. 
Jumped silver 2 per cent to $ 17.87 an ounce, the highest level since the month of January 2015, and isheading to record a fourth consecutive week of gains.

No comments: