Gold rises 1% after losing $200

The mess of gold price leaded by Japan

Gold price halted yesterday, the wave of fall this week has ended with losing  $200 in the previous session, the prices rose about 1%, at the time when investors are looking for signals on the future of the global economy and monetary policy.

The precious metal is still on track for its first weekly loss in eight weeks because investors booked profits after the rise of prices to record highs at $1,911.46 USD/Troy Ounce on Tuesday. Increased volatility and increased significantly over the past two days because of the conflicting readings on the status of the global economy. And pushed the talk in the market that Germany may ban short-selling to buy the precious metal as a safe investment.