Gold stabilized after falling

Gold stabilized after falling In the category investing in gold more articles and learn more information about Gold stabilized after falling Reviews Price Specifications Features Image manuals videos Accessories All this in metal detectors for gold.

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Gold stabilized after falling – Stabilized the price of gold on Thursday after falling for two days , but the rise of the stock and the growing optimism global economic growth, weaker attractive precious metal as an alternative investment .

The International Monetary Fund said on Wednesday he expected the accelerated pace of global growth this year, but deflation is a growing danger as long as economic growth without the ideal levels as defined by the officials of the monetary policy .

Analysts said gold – which is also considered a hedge against inflation – may record fall further after that squandered a gain of 3 percent this year .

The gold has risen in the beginning of the year thanks to strong demand in China and a weak report on the U.S. job growth has raised speculation that slowing down the pace of the withdrawal of monetary stimulus in the United States .

Gold stabilized after falling Why Gold is an attractive target investors Reasons for the fall in October gold below $ 1300



And settled Spot gold at 1241.66 dollars per ounce in late trading on the New York market . The yellow metal hit its highest level in a month at 1255.00 dollars on Tuesday .
The futures rose U.S. $ 3.40 for gold to 1241.70 dollars an ounce .

Among other precious metals silver fell 0.5 percent to 20.05 dollars an ounce , while platinum settled at 1425.00 dollars an ounce and palladium at 740.75 dollars an ounce .

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