The price of gold stabilized, benefiting from a weak dollar

Gold prices remained stable, on Tuesday morning, taking advantage of the weak dollar and expectations the US central not to raise interest rates in September, but the yellow metal gains remained limited, at the same time.
The price of gold rose slightly, to $ 1.327 an ounce, on exactly 04:09 am GMT, up 0.1 percent, as quoted by Reuters.
And directly influenced by the price of gold to raise interest rates, given the investors booked profits from deposit money banks, while not generating any revenue to keep the metal.
Financial analysts and is likely to drop the price of gold, in October, to below $ 1,300 an ounce, given investor caution in the acquisition of gold, although its stability, and the expectation of an imminent change of the US Federal Reserve Board interest rate.