Gold falls on the fifth straight session of losses

Japanese Stock market pushed Comex down

Gold fell on Thursday, the fifth straight session of losses, affected by renewed concerns about the debt of Europe and the job market in America.

However, silver rose after the company said president J. Thomson Reuters. F. M. S Minerals Research Sales of silver for industrial applications as well as jewelry, coins, jewelry and photography is expected to climb by 3 to 5 percent this year.

Gold and lost more than $ 150 since late February after a strong uptrend supported by U.S. economic data dashed hopes of further monetary easing in the United States.

The price of gold for immediate sale in late trading on the New York 1638.80 dollars an ounce, down 0.2%, after it was jumped earlier in the session to 1654.90 USD/troy an ounce, and Gold fell about 2% in five sessions, the longest losing streak since January 2011.

And U.S. futures fell for gold for January delivery $ 1.80 to 1641.40 dollars an ounce, and silver rose 0.3% to 31.70 dollars an ounce expanded the size of its gains since the beginning of the year to 13% after a decline of 10% in 2011.

Among other precious metals platinum price fell for the immediate sale of 46 cents to 1572.49 USD/Troy an ounce, while palladium rose 0.7% to 659.47 dollars an ounce.