Reduce gold on Tuesday, after rising to its highest level in 7 weeks, but the sentiment is still supported disorders violent in the Middle East and North Africa, in addition to uncertainty about the future of oil prices, while the lost silver momentum after recording their highest levels since 1980 .
The high oil prices due to the violence in Libya to exacerbate the fears of inflation, which is a major concern for investors who feel - with the exception of that - optimistic due to expectations the sustainability of global economic recovery, and the back of Libyan leader Muammar Gaddafi on state television showing defiance, and said: It is not fleeing from the revolt against his rule continued for 41 years.
Spot gold fell $ 4.75 an ounce (an ounce) to 1401.20 dollars by the time 0656 GMT, and the precious metal rose to U.S. $ 1410.65 an ounce, with the spread of the protests that toppled the presidents of Tunisia and Egypt to other countries in the region, including Libya.
Metal is still less than the highest-ever level of around 1430 dollars recorded in December.
Increased gold futures for April delivery 13.7 U.S. dollars to U.S. $ 1402.3 an ounce.
Silver jumped to its highest level since 1980 over $ 34 an ounce, thanks to hopes of a recovery of a sustainable global economy, but the low gold prices prompted some speculators to reap profits.
And silver fell 46 cents to 33.39 dollars, while the platinum 11.70 to $ 1834.75 dollars, and palladium fell $ 5.15 to 848.73 dollars an ounce.
The high oil prices due to the violence in Libya to exacerbate the fears of inflation, which is a major concern for investors who feel - with the exception of that - optimistic due to expectations the sustainability of global economic recovery, and the back of Libyan leader Muammar Gaddafi on state television showing defiance, and said: It is not fleeing from the revolt against his rule continued for 41 years.
Spot gold fell $ 4.75 an ounce (an ounce) to 1401.20 dollars by the time 0656 GMT, and the precious metal rose to U.S. $ 1410.65 an ounce, with the spread of the protests that toppled the presidents of Tunisia and Egypt to other countries in the region, including Libya.
Metal is still less than the highest-ever level of around 1430 dollars recorded in December.
Increased gold futures for April delivery 13.7 U.S. dollars to U.S. $ 1402.3 an ounce.
Silver jumped to its highest level since 1980 over $ 34 an ounce, thanks to hopes of a recovery of a sustainable global economy, but the low gold prices prompted some speculators to reap profits.
And silver fell 46 cents to 33.39 dollars, while the platinum 11.70 to $ 1834.75 dollars, and palladium fell $ 5.15 to 848.73 dollars an ounce.
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