Gold futures fell in European trade on Saturday, with the rise of the dollar against the euro amid almost certain that the ECB will conduct further ease monetary policy this week's expectations.
Rose US dollar index, which measures the dollar's strength against a basket of six T. major currencies, rose 0.2% to 97.36 during European trading this morning, rebounding from its lowest level in the previous session, which lasted more than two weeks by 96.88.
The euro / dollar 1.0962 against the dollar after rising to 1.1057 on Tuesday as expected on a large scale that the European Central Bank to cut interest rates more in negative territory at the end of its review of monetary policy on Thursday.
It is also expected that the bank to expand its asset purchase program in an effort to combat low levels constantly inflation in the euro zone.
by 1.10 dollars, or the equivalent of 0.09%.
The yellow metal remained high in recent weeks amid growing speculation that the Federal Reserve will not raise interest rates as soon as its policy meeting next week.
And record gold the highest level in 13 months at $ 1.280.70 last Friday, after the US employment data showed growth Foy jobs along with low wages, prompting investors to scale back expectations about how quickly to raise the Fed's interest rates this year.
The yellow metal prices rose by nearly 18% so far this year as investors seek a gold as a safe haven in light of the increasing instability in other financial markets.
Also in the Comex, it fell {{8836 | }} Silver futures for March delivery / March rose 1.9 cents, or the equivalent of 0.12%, to trade at $ 15.36 an ounce during the morning hours in London.
Elsewhere in metals trading, copper fell 0.8 cents, or the equivalent of 0.36%, to trade at $ 2.230 a pound.
The red metal prices fell 3 percent on Tuesday after the latest gloomy news about the trade figures from China, adding to concerns about second-largest economy in the world health.
China's exports fell by 25.4% from a year earlier in February, far worse than expected to have decreased of 12.5% and the worst monthly performance since May 2009, while imports fell by 13.8%, compared with expectations for a decline of 10.0%.
Where he led the decline as the trade surplus record $ 32.6 billion last month, down from $ 63.3 billion in January.
The Asian nation is the largest copper consumer in the world, accounting for almost 45% of global consumption.
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