4/6/2010 2:43:24 PM

Gold prices in New York on this morning up 0.7%, return to 1130 U.S. dollars per ounce. Gold prices increased mainly due to lower U.S. dollar, the stock market and oil prices rise.

Last week, gold prices have risen about 1.8% over the previous week. Manager of Consulting Logic (New Jersey), Bill O’Neill, said: "We have observed and found that gold demand of Asian countries stable, below the U.S. $ 1,200 / ounce, despite some fluctuations before."
Oil prices stabilized at U.S. $ 86 a barrel. Giá đô la Mỹ giảm. U.S. dollar lower price. U.S. Dollar Index was down 0.2% to 81.15 points.
 
High oil prices are driven by two economic reports of the U.S. was announced, increasing the confidence of the market for the economic recovery. Association of American real estate broker (NAR) said sales in the previous month increased 8.2%. Meanwhile, the U.S. Institute of Supply Management (ISM) said the services sector index rose to 55.4 in August at 3-2010, 2-2010 through September only 53 points.

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