Gold jumps above 1640 dollars

Gold prices jumped to 1640.99 USD/Troy an ounce. It fell more than 1% in the previous session as oil prices push down prices of the precious metal to record the biggest drop for a single day in a month. Theaccelerated loss of yellow metal investors and reduce some bets on the rise of gold with the dashed hopes of further monetary easing in the United States. And exposure to the gold pressure after disappointingdata on both sides of the … Continue reading