Gold and Compact Wall Street Gains

Gold and stocks in the United States (U.S.) managed to rise,driven statement of the European Central Bank (Europe CentralBank / ECB) that will provide long-term liquidity for commercial banks in Europe.

Gold rose slightly for the second session on Thursday, October 6local time, driven by a rally in the stock market and commodities,after these steps the European Central Bank liquidity triggerseconomic optimism.

Silver jumped more than five percent, increases with risingindustrial commodity-driven industries of copper and crude oil.This rise, closing the fears of the announcement of the unemployment data United States (U.S.).

"I really do not see the financial problems in Europe will have a major impact on this safe-haven commodity (gold)," said metalsequity analyst Leo Larkin S & P, as quoted by Reuters on Friday (07/10/2011).

The result, spot gold rose 0.6 percent to USD1.651 per troyounce. Silver rose 4.8 percent to USD31, 84 per ounce. In thepast two months, this is the biggest advantage that can beachieved in one day.

Meanwhile, U.S. gold futures for December delivery closed upUSD11, 60 at USD1.653, 20 per troy ounce.

On the other hand, platinum group metals and copper rose fivepercent. Spot platinum rose 1.7 percent to USD1.510, 74 perounce, while platinum rose 5.4 percent to USD601, 22 per ounce.

The increase followed an increase of gold in the U.S. stockmarket, where the Dow Jones index closed up 183.38 points, or1.68 percent to as low as 11123.33. Standard & Poor's 500index also gained 20.94 points, or 1.83 percent to a level of1164.97 and the Nasdaq gained 46.31 points, or 1.88 percent to a level of 2506.82.

From the technology sector, the news of the death of the founder and creator of the iPod, iPhone and the iPad, Steve Jobs,Apple's stock fell 0.2 percent to USD377, 37.

Trade went very busy with transactions on the New York StockExchange reached 9.14 billion shares, above the daily averageof 8.02 billion shares