Gold gives up gains

Gold gave up all its gains on Friday, while the dollar rose and US stocks fell, as investors try to decipher the timing of an increase in US interest rates blade.
The price of gold jumped to 1.5 per cent of online transactions to $ 1341.60 an ounce ( an ounce), while the dollar index fell 0.6 per cent.
But the yellow metal gave up later in all its gains greenback rallied 0.7 per cent after that Stanley Fischer , vice president of the Federal Reserve indicated that interest rate increases are expected to occur this year.
According to Reuters, the US December gold contracts for delivery of $ 1325.90 an ounce recorded at high settlement of 0.1 per cent.
Among other precious metals, silver rose to 0.85 per cent of online transactions, to $ 18.65 an ounce after that aired Thursday to its lowest level in eight weeks at $ 18.46.