Gold strengthens gains in light of the dollar and stock losses

: 2015/12/21

{International: Euphrates News} Gold rose on Monday, upping the big gains in the previous trading session and helped the weak dollar and the stock the yellow metal to recoup some of its losses due to raise US interest rates last week.
And still fears of damage to the demand for gold, which does not generate interest overshadow the transactions in the market is likely to curb the upward trend.
Gold rose in the spot trading 0.3 percent to $ 1069.36 an ounce} {ounce by 0640 GMT, upping its gains on Friday, which amounted to 1.4 percent.
And accept traders to buy the metal as a safe haven after the sharp decline of the stock markets as a result of falling oil prices that has raised fears of a slowdown in the pace of growth, while the dollar down against the yen due to expectations that the facilitation measures to be from the Central Bank of Japan below the desired.
But there is speculation the rise of the dollar as they will raise the Fed {} US central bank interest rates again next year.
Silver rose 0.38 percent to 14.124 dollars per ounce while platinum down 0.5 percent to $ 853.8 an ounce.
Palladium rose 0.28 percent to $ 556.7 .anthy