Economic statistics of United States has "soothing" effect on the gold, price for the precious metal fell from its highest level for the last 3.5 months. In the morning, the gold tradeded at $1 179.60 per troy ounce on the background of the end trading session on Thursday - $1 182.70. US futures for December rate were down in price by $7.90 to $1 179.60 per ounce. The current market price is expected to rise by 1.7% next week.


"Statistics in the United States improved slightly, it caused an increase of the dollar, which apparently caused confusion among traders of gold. However, if the market will calm down and hold near that level, it will be a good platform for the future. A further weakening of the dollar is quite expected, weak US data and reduces of possibility of the Fed raising rates will be favorable for gold, "- says one of the experts Societe Generale. The largest fund in the world ETF-fund SPDR Shares recently deposited its gold reserves by 5.1 ton to 700 tons. Since Monday its reserves has increased by 12.8 tons, it is the first time since February 2015.


Silver today was trading around the level of $16 per ounce, compared to the price on Thursday at the end of the day - $16.8. Platinum was trading at $ 998.25 on the background of last day $ 1 003.0. Palladium - $698.0 vs. $701.50.