Gold prices fell

Illustration: Gold bullion

JAKARTA, - Gold prices closed yesterday's trading down. It was triggered by the strengthening of the U.S. dollar, after the U.S. Labor Department announced to the public that the number of Americans filing claims for unemployment benefits dropped so as to give a positive signal of the U.S. labor market.

For the February gold prices fell 1 percent to 1669.9 dollars per ounce on the Comex in New York. Resistant first at 1685.8 U.S. dollars and below to 1695.9 U.S. dollars. Support at 1666.4 U.S. dollars and below to 1660 U.S. dollars.

Decline in the price of gold also occur in Loco London Gold (LLG). LLG gold price closed at 1667.95 U.S. dollars, down 16.35 U.S. dollars per ounce.

This morning, Friday (25/01/2013), at the opening of Asian markets LLG gold prices are still down 85 cents to U.S. $ 1667.1 per ounce. Resistant first at 1686.1 U.S. dollars and below to 1692 dollars, while the U.S. dollar support at 1660 and below the 1666 dollars.

The U.S. Labor Department reported a drop in fundamental indicators Unemployment Claims fell to 330K from the value in the previous period, ie 335K. Favorable reports showed better performance than the estimated number of economists, who predicted to rise 359K.

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