Gold decline with increasing levels of risk appetite
Gold prices fell during Friday's trading with the end of the week, after the growing demand for risk in financial markets which reduced his demand for a safe haven, this comes after the jobs data improvement in the US economy.
Gold prices are currently trading at $ 1338.6 per ounce, after recording the highest at $ 1364.7 per ounce, while the session today opened at $ 1360.0 per ounce and had recorded the lowest level in a week at $ 1337.3 per ounce.
Low gold prices during the trading day comes after a decline in demand for the safe haven in the market after witnessing the US economy improvement in the performance of the labor sector which restored confidence in the US economy to increase investors' appetite for risk, reducing demand for gold as a safe haven in the markets.
This has been the dollar rose to its highest level in a week after US data improved dollar levels on gold to affect negatively to become a magnet for investment factor in the markets, which reduced the demand for gold.
Trading the dollar index, which tracks the dollar's performance adjoin a bassinet of above currencies, is currently
at the level of 96.39, after the record lows at 95.55 and was opened today's trading at the 95.74 level, recording the highest at 96.53. Dollar higher levels of the day comes after this week fell to its lowest level in five weeks at the level of 95.00.
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