Gold settled near the level of U.S. $ 1370 an ounce in European trading Monday amid renewed fears about sovereign debt in the euro zone growing pressure on Portugal to request financial assistance, which offset the impact of higher dollar.
At 1030 GMT the price of gold in the spot market of $ 1368.55 an ounce (an ounce), compared with 1368.80 dollars in late U.S. trading on Friday. And landed the contracts of gold futures in the United States $ 1.30 an ounce to U.S. $ 1367.60 an ounce Prices recorded last week, the biggest drop in a week since May 2010 after a series of U.S. data was better than expected and reinforced expectations of tightening monetary policy sooner than previously thought. However, renewed concerns about the euro-zone end of it.
Operations and increased procurement in India's largest consumer of gold in the world yesterday after the price drop last week, which attracted buyers to the market again.
The price of silver rose to 28.70 dollars an ounce from 28.69 dollars. Register and Platinum 1730.50 dollars an ounce compared with U.S. $ 1731 while palladium record 744.50 dollars from 748.5 dollars.
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