New York Mercantile Exchange gold futures closed up 13. Among them, the February gold contract rose $ 1.2, or 0.1%, to close at 1,387 U.S. dollars / ounce.
Successful debt sale on Thursday, Spain, Portugal or the Western investors were forced to apply for international relief assistance from the Fund eased worries that end, the market cooled risk aversion, gold was dropped. However, the weak U.S. economic data offset some of hedging demand to bring down bad influence.
U.S. Labor Department figures released on Thursday, the United States on January 8 when the number of claims for unemployment benefits increased by 3.5 million to 44.5 million, is expected to 40.5 million, set last October 30 the highest since the week ended, indicating labor markets remain weak.
Saxo Bank (Saxo Bank) analyst Ole Hansen said: "Europe's worries about debt relief is the main driver of the gold trend. The euro rose rapidly after a firm foothold, and was pushed up gold. I think gold will fall further but a period of consolidation into the market. "