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Weak data from the US rose gold and in the Asian session

Gold rose in Asian session today, amid the upcoming New Year in China.

Futures for April rose 0.25% to $ 1,223.80 per troy ounce. March silver added 0.42%, while trading at a price of $ 16.86 per troy ounce.

Metals were boosted by weaker data on retail sales and applications for jobless benefits in the USA and a weaker dollar enhances metal prices.

In Europe, un-achieved agreement on Greece’s debt continues to have a negative impact on the single currency, which in turn is in favor of gold.

This week gold notes a decrease of 0.7%.

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