• Gold rose

Market news

17 January 2012

Gold rose

Gold has increased due to exceeded the forecast of China's GDP statistics, which easedconcerns about the impact of European crisis on the global economy. Gross Domestic Product of China grew by 8.9 percent in the fourth quarter of last year - a minimum of two and a half years, exceeding the forecast growth of 8.7 percent. The dollar index fell by 0.58% to 81.32 points.

Cost of the February gold futures on the COMEX today rose to 1668.0 dollars per ounce.

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