The price of gold in the spot market this morning was recorded at the position of U.S. $ 1081.89 per ounce, down from the level last weekend at U.S. $ 1083.10 per ounce.
Meanwhile, from Singapore reported contract price of gold rose triggered speculation decreased to the lowest level in 3 months attract more investors.
Gold for immediate delivery rose 0.3% to U.S. $ 1084.36 per ounce at 8:21 pm in Singapore. Precious metal prices touched the lowest level since 3 November 2009 at U.S. $ 1073.85 per ounce on January 28. February gold contract on the position of moving thin U.S. $ 1084.30 per ounce.
Gold usually moves opposite to the U.S. dollar, in which the precious metal declined in the second month as the dollar rallied 2% against six major currencies basketball.
The dollar traded near the highest position of 7 months against the euro as an indication of the world’s largest economy gained momentum to raise the demand for U.S. assets.
U.S. dollar at the level of U.S. $ 1.3864 per euro in Tokyo from U.S. $ 1.3863 in New York on 29 January.
Among the other precious metals, silver rose 0.3% to U.S. $ 16.2575 per ounce, platinum rose 0.5% to be U.S. $ 1512.50 per ounce and palladium thin shifted to U.S. $ 417.5 per ounce.
