Gold rises about one percent with the decline in the stock euro zone fears

Gold rises about one percent with the decline in the stock euro zone fears

NEW YORK / LONDON (Reuters)

Gold prices rose more than one percent on Monday as global stocks fell on worries about the future of Greece in the euro zone and the decline in oil prices, while Hui euro near its lowest level in nine years.

It was on the yellow metal is also supported by strong purchases from China, the largest consumer of the precious metal in the world before the Lunar New Year celebration Aljdidh.obhlol time 2006 GMT, the spot price of gold rose 1.3 percent to $ 1204.30 an ounce (an ounce). The gold has come down to the lowest level in a month on Friday to $ 1168.25 an ounce, then recovered thanks to falling stock. Earlier on Monday, gold rose to $ 1204.70. The price of silver rose in online transactions 2.8 per cent to $ 16.18 an ounce.

Gold climbed in the US futures contracts settled at 1.5 percent, to $ 1204.00 an ounce.

Among other precious metals in the platinum price rose 0.9 online transactions per cent to $ 1210.90 and palladium rose 0.7 percent to $ 792.50 an ounce.

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