Oil and gold continue to rise

Rose oil futures U.S. crude settled at Friday, the highest level in 31 months, and promoted the escalation of high political concerns in the Arab region living in several countries where popular revolts against the rules, to the U.S. dollar fell against other major currencies.

At the close of trading in New York Mercantile Exchange (NYMEX) oil futures rose U.S. light crude for delivery in June next settled at $ 1.07, or 0.95 percent, up to 113.93 dollars a barrel, its highest price since Sept. 22 / September 2008.

He had been U.S. crude was trading in a range of 112.25 to 114.18 dollars.

This month U.S. crude rose 7.2 dollars or 6.8 percent, extending its rally for the eighth consecutive month, the longest rally monthly since 1993.

In London, futures rose for the European benchmark Brent crude by 87 cents to settle at up to a price of $ 125.89.



A new record for gold

Gold prices jumped Friday registered a new record level, to achieve the metal gains for the seventh consecutive week with the support of the dollar fell to its lowest level in nearly three years.

The yellow metal rose in trading Friday spot in New York, its highest level ever at U.S. $ 1569.32 an ounce, before returning and fall to the level of 1565 dollars per ounce.

At the same time silver prices hovered near its highest level ever in more than 31 years, rising about 5 percent this week, although analysts expect the strong performance compared to other precious metals will continue.

The price of silver rose 0.9% to reach 48.86 dollars per ounce on the weaker dollar.

Traced the impact of platinum and gold and silver to rise 0.3% during the day to up to 1841.99 dollars an ounce, while palladium rose 1.8% to 784.47 dollars per ounce.

In trading Friday The dollar fell toward its lowest level since July 2008 against a basket of currencies, fell 0.3% during the Friday, after data painted a picture of U.S. economy in slow growth and suffers from a high rate of inflation, after the Council noted U.S. Federal Reserve (central bank) that he will not change its monetary policy soon soft.
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