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Gold, silver and copper - the weekly report from January 19 to 23...

Gold rose to its highest price in more than four months on Friday, also promotes demand for safe assets, the center of the currency market turmoil after the sudden policy, the Swiss National Bank's decision to cancel link franc single currency.

On the Comex division of the New York Mercantile Exchange, gold delivery rose in February to its highest price of the session at $ 1,292.40 per ounce, and the price has Hoaaly September 2 since before settling at $ 1,276.90 per ounce, up by 10.12, or 0.96% .

On the previous day, gold rose 30.30 cents, or 2.45%, to close at $ 1,264.80 per ounce.

And was likely to find support gold at $ 1,226.10 per ounce, the lowest price since January 15 and resistance at 1,290.90 Dorlar highest price per ounce September 2 ago.

During the week gold rose 60.80, or 4.76%, the second consecutive weekly gains.

Also in COMEX silver rose in March delivery by 8.64 or 3.79%, on Friday to settle at $ 17.75 per ounce at the closing of trading, the highest price since September 24.

Futures rose for the Silver March delivery increased by 1.34, or 7.54%, the gains for the second straight week.

Gold rose sharply after the Swiss central bank shocked markets on Thursday, saying he will stop the exchange rate when compared to the minimum per euro, which hit in September 2011.

The central bank also cut interest rates to Almbah region at zero, in a move designed to keep investors when buying franc.

Low interest rates to rise in the price of gold may lead, it also reduces the relative cost of the contract for the metal, which does not offer investors any compensation or similar guarantees.

The euro fell to its lowest level ever against the franc with the euro / franc to record trading 0.8696 on Thursday to end the week's trading losses Aktrmen 17% .otraja USD / CHF to hit 0.7360 on Thursday, the lowest price since August / August 2011, and closed the week's trading losses more than 15%.

And is often seen as an alternative to gold as a currency in times of global economic uncertainty and a refuge from financial risk.

At the same time, support the growing expectations that the European Central Bank will apply quantitative easing as soon as the next policy in the January 22 meeting, which provided support for the precious metal.

And issued a temporary ruling last Wednesday, by the European Court of Justice, the European Central Bank Freedom follow-up bond buying program without that there will be legal consequences of the subject.

Usually Maatmal monetary stimulus to benefit from expectations of gold, and the metal is considered a safe store of value and hedge against inflation.

The euro / dollar to hit 1.1461 on Friday, the lowest price since November 2003.

And strengthened the difference in monetary policy between the Fed, which is preparing to raise interest rates and central banks in Europe and Japan than the dollar value of widely in recent months position.

During this week, investors awaited the outcome of the European Central Bank policy meeting which will be held next Thursday, is also awaiting a press conference held after the meeting.

The dollar index, which measures the strength of the dollar against a basket of six major currencies, was up 0.57% to hit 93.05 to achieve gains for the fifth consecutive week, taking advantage of the weakness of the euro.

During this week, investors awaited the outcome of the European Central Bank policy meeting which will be held next Thursday, is also awaiting a press conference held after the meeting.

Elsewhere in metals trading, March Alnhactzlam rose 5.9 cents, or 2.31%, on Friday to close at the end of the week at $ 2.617 a pound at the close of trade.

Despite the gains on Friday, the decline in COMEX copper by 13.7 cents, or 4.97%, in the week, as concerns over the global economic outlook and its impact on future demand expectations which reduced the appeal of commodities.

Copper and record of $ 2.432 a pound on January 14, a rate not seen since the copper in June 2009.

Later this week, copper traders awaited a series of economic data in China, including reports on the gross domestic product in the fourth quarter, as well as data on industrial production and retail sales.

The Asian nation is the largest consumer of copper in the world, and formed 40% of global consumption last year.