Monday, 11 April 2016

Gold jumped to its highest level in three weeks



Singapore (Ina) - The price of gold jumped to its highest level in three weeks on Monday, supported byincreased demand for safe havens, and the decline in the dollar exchange rate against the basket ofmajor currencies. 
And resulted in weak economic data, Blur and the case surrounding the US monetary policy, to thereluctance of investor risk aversion in the market, which boosted demand for safe - haven assets such as gold and the Japanese yen , which is trading near levels not recorded since 2014. 
According to the website of Russia today, the price of gold rose in the spot transactions to $ 1252.26 an ounce , "ounce", its highest level since March 22 (March), but he dispelled some of the gains to trade up by 0.8 percent, at $ 1249.32 an ounce by the time 9:43 Moscow time. 
the record gold the best quarterly performance in almost 30 years in the three months ended in March (March ) supported by the decline in expectations of new increases in interest rates this year. 
the US central bank raised interest rates in December (December) for the first time in nearly 10 years

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