The Gold Starts 2017 High Despite Dollar Strength

Gold rises in the New Year


After The gold finished 2016 high estimated  %8 , the golden metal keeps rising at the new year , It has risen at the first trading day in 2017 despite the dollar strength

At 06:41 GMT the gold rose at Instant transactions estimated % 0.6 to $1158.10 for ounce , the gold rose at futures contracts in USA with the same percentage to $1158.50


The Dollar maintained its big gains and resumed the rising , where the expectations of rate hike kept a strong spirits 

As for the other precious metals ,Silver rose %1 to $ 16.10 for an ounce, Platinum climbed to % 0.7 to $ 905.95 and palladium climbed to % 0.3 to $ 680.70

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