Go Finance Reporting in SINGAPORE - The price of gold back to continue strengthening in the dollar exchange rate of the United States (U.S.) are experiencing the weakening of other currencies.
As quoted by Reuters on Thursday (04/14/2011), price of gold in the spot market at the level of parking USD1.456, 39 per ounce or rose $ 1, 78. Long gold price increase following the decline in the dollar faded other growing during the last 16 months.
Investors are estimated to still be interested in the promise of profits from the gold price is after a record highest price some time ago.
In addition to the weakening U.S. dollar exchange rate, re-strengthening of the gold price last Monday had exceeded USD 1476 per ounce, it also caused the action to wait and see investors awaited the Fed's monetary policy late this April.
while the gold price of gold futures for June alone rose USD 2.8 to USD1.458, 4 per ounce. While the spot price of silver is almost no change in the level of USD40, 52 per ounce. Still below its highest price on Monday and then at the level of USD41, 93. (GoFinance)
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