The Gold recovered on increasing safe-haven demand
August 17 20105
the Gold prices rebounded at the beginning of Monday's trading session, trying to maintain its previous gains which achieved during the past week , where the Gold rose to its highest level in three weeks. However, the Gold was affected by the release of positive economic data about the U.S economy have indicated the increase of the consumer prices index. On the other hand, gold benefited from the high demand for the yellow metal from Asia amid the economic growth fluctuations especially after China has devaluated its currency.
