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Gold settles with watching the market for signs that the pace of US interest rate hike
Gold settled on Monday after trading ended last week little changed with traders awaited new signs of the pace of raising US interest rates from officials statements Federal Reserve (Fed) will talk this week.
And it influenced a lot of gold to raise US interest rates, which increases the opportunity cost of lost on the holders of the yellow metal, which does not generate interest, while the dollar-denominated supported by metal.
The total Spot gold to $ 1235.21 the ounce by 1030 GMT, little changed from the level recorded on Friday evening and adult 1235.22 dollars an ounce.
And got gold in the US futures contracts April delivery 0.2 percent to $ 1236.60 an ounce.
It is scheduled to speak from the heads of five banks and the Federal Reserve before the US on Friday. Jerome Boyle also be made a member of the American Board of Governors of the Central remarks published on Wednesday, while the minutes of the last meeting of the Monetary Policy Committee.
The dollar against the euro with exposure currencies under pressure as the dollar hit by the decline in US bond yields, while the European single currency have been affected by concerns related to the upcoming French elections were little changed.
Among other precious metals silver rose 0.1 percent to $ 17.98 an ounce, platinum fell 0.4 percent to $ 997.50 an ounce, while palladium fell 0.1 percent to $ 774.65 an ounce. "Reuters"
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