New York gold futures closing price exceeded $ 1,350 mark.

<P> Buying by investors and the dollar rebounded slightly and so the combined effect of the New York Mercantile Exchange, gold futures traded 11 most active December contract rose $ 9.1 an ounce to close at $ 1,354.4, the highest closing price history .record, or 0.7%. .</ P> <P> analysts pointed out that, on profit-taking gold price into a tug of war with the bargain-hunting buying the one hand, very weak released last Friday's employment data confirmed the market on the U.S. Federal Reserve Board .Restart the prediction of quantitative easing soon, so whenever prices have come down to attract a large number of investors bargain hunting in order to hedge the risk of shrinking purchasing power of money. .</ P> <P> In addition, since October, gold prices have jumped 3.4% on the same attract some investors took profits, to transfer funds to the stock market. .</ P> <P> day response to a basket of currencies the dollar parity of the dollar exchange rate rose 0.43% to 77.51, a stronger dollar means the dollar price of gold for investors holding foreign currencies are getting expensive, but also adding to its rise .the resistance. .</ P> <P> of that day said that the current worrying situation of economic recovery in Europe and America, accelerated depreciation of the dollar, inflation was expected to heat up as the best hedging tool for gold Nan Yi afternoon rally. .</ P> <P> 12 silver futures for November delivery rose 24.4 cents an ounce to close at $ 23.349, or 1.1%. .Platinum futures for delivery in January fell $ 17.9 an ounce to close at $ 1,690.8, down 1%. .</ P>.