Today the price of gold declined under the pressure of the dollar strengthening against the backdrop of strong data on the U.S. labor market and concerns about the fact that the use of the authorities of Greece amendment of collective action may be grounds for the activation of so-called credit default swaps (CDS), through which the holders are insuredagainst default.
The fall in gold prices ensured attractive precious metal for purchases, and therefore theprice of gold in the last hour has increased dramatically.
April futures price of gold on COMEX has fallen to $ 1677.00 an ounce, and then greweven $ 1714.90 per ounce.