Author Topic: Gold achieves a new high  (Read 186 times)

Offline beach7

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Gold achieves a new high
« on: December 01, 2015, 06:38:54 AM »
 Gold achieves a new high

BAGHDAD / Obelisk: Gold rose about 1 percent on Tuesday, upping gains made Monday, after he approached the lowest level in 6 years.

According to the "Sky News", brought the price of gold to cover short dollar positions and reduced experts.

Gold rose in online transactions to the highest price during the session at $ 1074.34 an ounce, before it gives up some of its gains and recorded a rise of 0.7% to 1071.60 by at 06:43 GMT, as reported "Reuters".

The yellow metal rose 0.5% Monday.

The dollar fell against a basket of currencies, after reaching its highest level in eight months during the previous session.

You are in the original site, formally and legally registered, not the fake site to Saad Awsi, backed by Iraqi funds stolen by Khamis dagger and family Karabilah.

Analysts said speculators are record purchases to cover short positions in gold futures Stock Exchange "Comics", because of the imminent lifting of US interest rates, but this may support gold prices in the short term.

Said James Steel, an analyst at Bank "HSBC": "There is potential for further short-covering of gold including operations raise prices, especially if the actual demand in emerging markets remained strong."