Gold Price Network– report about gold price 3 – April, 2013, Gold price watched a sharp decline after the end of Easter holiday, the optimism about the economy of USA followed by a rise in demand on the us dollar, Gold prices continue to fall sharply from the previous session, influenced by the metal’s appeal as a safe haven speculation that the U.S. economic recovery is gaining momentum and with receding concerns about Cyprus.
Gold was declined by 1.4 % on Tuesday in the biggest decline for a single session since Feb. 20 as U.S. stocks rose toward a new record levels. The metal negatively affected by growing demand for assets considered high risk, such as stocks, the report of USA about the private sector jobs increased the optimism
A company report from “A DB” for private sector jobs in the United States issued today announced that, the are addition of 158 thousand jobs during the month of March in USA, the rush in USA about buying stocks and the US Dollar caused a sharp decline in gold price.
Gold prise expected to rise slightly in the sessions of tomorrow, because of burgin hunters, and i expect that most of them is going to be be from Asia.
Gold price in the Spot market 3 – April, 2013
Gold price in the Spot market 3 – April, 2013 at 15:30 NY Time recorded a decline by 1.23% to reach the level of $ 1556.80 USD/Ounce of gold in the spot market.
Gold price in New York spot market 3 – April, 2013
Gold price in New York spot market 3 – April, 2013 at 15:30 NY Time recorded a decline by 1.25% to reach the level of $ 1556.50 USD/Ounce of gold in New York spot market.
Gold price in the Stock exchange of London 3 – April, 2013
Gold price in the Stock exchange of London 3 – April, 2013 in the Am session recorded a decline by 1.01% to reach the level of $ 1568.50 USD/Ounce of gold, while in the Am session, while in the PM session for the stock exchange of London gold price made a slight rise by 0.31% to reach the level $ 1574.75 USD/Ounce of gold.
the optimism about the US economy could be ended soon then we will watch a rush in Gold price in the up trend.