Gold prices continue downward journey

The price of gold fell for a third straight day on Friday , weighed down by higher exchange rate of the dollar US .

The decline in the price of the precious metal futures contracts US for the month of December / December about seven dollars to settle at $ 1334.5 per ounce.

The US currency was affected bycomments from officials in the Federal Reserve are in favor of a rate hike in theUnited States .

The dollar rose against a basket of major currencies after the official Council said the Federal Reserve the US ( the central bank ) Eric Rozingern that the council risks facing increasingly If you wait longer before raising interest rates , which putpressure on gold.

Among other precious metals, silver in the spot transactions fell B2.11% to $ 19.18 an ounce, platinum fell by ab