2010/12/05

High price of gold under the devaluation of the dollar in December 2011







Report NEW YORK (Reuters) - Gold prices jumped to their highest level in three weeks on Friday after undermined the disappointing data on jobs in America, expectations for economic recovery are available to him the elements of continuity and pushed the dollar down. The data showed that jobs in the U.S. have increased much less than expected in November and the unemployment rate rose sharply to reach its highest level in seven months at 9.8 percent. The price of gold for immediate transactions in late trading in the COMEX market in New York of $ 1414.19 an ounce (ounce), up 2.1 percent, the largest increase in a single day since the fourth of November. Earlier in the precious metal ended the trading session in London at U.S. $ 1408.35. Stepped up futures contracts for gold U.S. for January delivery of more than U.S. $ 16.90 or 1.2 percent, to 1406.20 dollars an ounce. And followed the example of gold and silver rose 3 percent to 29.34 dollars per ounce. And platinum rose 0.9 percent to 1723.99 dollars an ounce and palladium rose 0.7 percent to 764.47 dollars an ounce, after he had jumped in earlier to 776.22 dollars, its highest level in nine years. 



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