Prices for gold and copper in Europe grew by a weakening dollar

the price of gold on Tuesday in London rose. US dollar weakened, which allowed gold to win back some losses Friday.

Spot gold prices have recently increased by 0.17%, to 1256.86 dollars per troy ounce.

Three-month futures copper LME on recent trading up to 0.10%, at 5760.50 per ton after a sharp reduction eve resulting profit.

WSJ dollar index recently lost about 0.1%. The dynamics of the dollar has been one of the main drivers of the gold movement, said Ipek Ozkardeskaya of London Capital Group.

Gold prices on Monday, during the session were under pressure, but to win back losses by the end of the day. In the future, the market can also be expected volatility on the eve of public holidays on Friday and Monday in Europe, India, South America and other regions, said David Gavett of Marex Spectron.

Silver recently trading down 0.06% at 17.94 dollars per ounce. Palladium rose by 0.04% to 789.75 dollars, and platinum - 0.21% to 942.10 dollars.

Aluminum traded lower by 0.13% at 1918.50 dollars. Nickel rose in price by 0.30% to 10 135.00 dollars, tin fell in price by 1.73% to 19 925.00 dollars. Zinc prices have fallen by 1.45% to 2588.50 dollar, lead rose by 0.56% to 2263.0 dollars

Political developments in the US also significantly affected the recent increase in volatility, consider Gavett. The inability of the President of Trump hold health care reform and his decision airstrikes on Syria supported gold last Friday.

These risk factors, as well as less favorable than expected data on the number of jobs outside agriculture in the USA, published on Friday, means that some market participants expected a sharp rise in metal prices, noted in UBS.

Meanwhile, the rise in gold prices has been observed for three consecutive weeks, the analyst added.

Traders will be closely watching consumer price index in China and the US, which will be released on Wednesday and Friday respectively.

As for the copper market, Tuesday, metal prices recovered some of the lost positions on Monday. The negative dynamics was associated with a decrease in prices in the Asian stock markets and the strengthening of the US dollar. Commerzbank linked decline in copper prices to profit-taking.

Meanwhile, on Monday began a strike and Toquepala copper mining workers Cajon-owned Southern Copper. Although the current utilization of production capacity in these enterprises is 98%, while, perhaps, too early to judge the impact of the strike on production, according to ING.