Gold choppy economic signals because there are good and bad

   Gold choppy trading on Thursday, spot gold rose but gold fell due to economic signals have been mixed, to bring pressure on the dollar, but some weak US economic data spurred safe-haven buying.

   Three days later a rebound in the dollar losing streak by strong US retail sales data as well as initial jobless claims decreased further boost.

   But later, the data showed US third quarter US household net worth declined for the first time in three years, by reducing the effect of increasing the value of stocks and debt holdings, which bring a different signal to the consumer spending outlook.

   1949 GMT, spot gold rose 0.7%, to $ 1,227.53 an ounce in intraday trading fell about 1 percent, to $ 1,219.90.

   This week the price of gold is expected to rise 3.1 percent, was recorded in March, the biggest weekly increase, because thanks to the dollar's slide in the past few days.

   US gold futures fell 0.3 percent, to settle at US $ 1,225.60 an ounce.

   The dollar index rose 0.6 percent, is expected to rise further before the Fed meeting next week.

   US crude oil futures fell below $ 60 a barrel mark, to more than five-year low. Recent oil prices tumbled under pressure to make the gold market sentiment, because reducing the attractiveness of gold as a hedge against inflation.

   On Wednesday the world's largest gold exchange-traded fund (ETF) SPDR holdings increased nearly 3 tons to 724.80 tons, but still close to six-year lows.

   Spot silver rose for the end of the three-day, down 0.1%, $ 17.04 per ounce. Spot platinum (platinum) fell 0.4 percent, to $ 1,238.70 an ounce. Spot palladium rose 0.6 percent, to $ 815.25 an ounce.