::Gold Prices More Shiny>>

Go Finance Reporting in LONDON - The price of gold on the London spot market looks more shiny. This safe haven commodity prices rose at the end of this week after the previous consolidate.

Previously, its consolidation in gold prices is due to market players await the U.S. employment report (USA), which is an indication of global economic health.

As quoted by Reuters on Friday (03/04/2011) local time, the price of gold in the spot market at USD1.416, 35 per ounce, up from the previous trading session on the USD1.415, 59 per ounce.

Meanwhile, silver prices rose to USD34, 41 from the previous USD34, 17. Platinum rose to USD1.826, 03 from the previous USD1.823, 49.

Asian stock markets also recorded the best profit for three months last week as a result of market participants who hunt bargains.

Looking statements after the stronger Euro in a row before the influential U.S. jobs data, but the single European currency was weakened after the European Central Bank signaled interest rates would increase at the beginning of next month.

Brent crude prices pushed up to above USD 116 per barrel and oil the United States soared to its highest position since 2008, caused riots in Libya and a number of protests in other Middle East.

Brent crude oil for April delivery rose USD 1.18 per barrel, in the range of USD115, 97 per barrel, after hitting USD 116, 49. Brent has recorded a 3.4 percent gain for the week.

While the United States crude oil for April delivery rose USD 2.51 per barrel, while in between USD 104, 42 per barrel. West Texas Intermediate crude oil exceeds the increase is Brent, the increase reaching USD 16.91 per barrel. (GoFinance)