Boosted by the weaker dollar, the New York Mercantile Exchange gold futures closed up 18. Among them, the February gold futures contract rose $ 7.7, or 0.6%, to close at 1,368.2 U.S. dollars / ounce.
Russian Foreign Trade Bank (VTB Capital) analyst Andrey Kruychenkov said: "The Golden lack of drivers, flattening out of the dilemma is difficult to get rid of the current situation."
Andrey said this month, with the decline in the dollar gold, the reverse linkage between reduced.
But Andrey also pointed out that the data become more beautiful as the global economy, and for the 4 major U.S. company quarterly earnings expectations for the better, the upside of gold will hit the road or more resistance.
French bank (Societe Generale) analyst David Wilson said that for the price of gold, the ultimate decision power will be the U.S. monetary policy, if the Federal Reserve (Fed) to implement more quantitative easing, the gold will provide uplink support.