Negatively affected the gold Yellen's speech

Gold prices fell in Asia today after Federal Reserve Chairman Janet Yellen said that an increase in interest rates this year is still likely. Later precious metal recover some of the losses

On the Comex gold for December delivery fell 0.38% to 1.149.40 an ounce. China's net imports of gold from the main pipeline Hong Kong rose to three-month high in August.
Russia and Kazakhstan raised gold holdings for the sixth consecutive month in August, but Jordan and the United Arab Emirates also bolstered its reserves in July, according to the International Monetary Fund. Perhaps the price of the yellow metal will remain at levels of 1150 with the possibility of a slight increase.

Platinum, which fell to 6 and a half year low this week, on track for its biggest weekly drop since mid-July after the scandal emissions Volkswagen.

Palladium will probably reported its biggest weekly gain in 2 years and a half. With nearly 8% growth this week, palladium is ready for its biggest weekly jump since March 2013.

Silver for December delivery slumped 0.36% to 15.075 an ounce.

Copper for December delivery slipped 0.12 percent to $ 2.302 a pound.

E.Dimitrov JrTrader