The strength of the dollar, that reached yesterday its maximum level against the Euro in year and a half, pushed gold the loss, that got to fall a 4% until the surroundings of the 768 dollars the ounce. The attractiveness of the precious metal as alternative investment were eroded with the ascent of the American currency.
“In addition, the action market has recovered something of the tranquility and has reduced to losses reason why the gold purchases as refuge finished at the moment�, it indicated Michael Kempinski, to broker of Commerzbank.
However, the experts indicate that the interest by the physical gold purchases - ingots, currencies or jewelry shop will continue exerting like support of the metal. This assets the past reached its quote record the 14 of March when surpassing 1,000 dollars the ounce.
