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Al Ittihad – Gold – Ascends-To-Top-Level-in-8-Months-Effect-Stop-Raise-Interest-US


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Gold alloys

Gold alloys

Gold prices fell on Thursday after eight months of the previous session, when the dollar fell following the downturn in the Federal Reserve, after four-month profit tracking.
The gold spot fell to $ 1319.54, ship with 0653 GMT. Metal prices reached the highest level from May 11 to 1323.34 on Wednesday.
US gold futures' futures rose 0.8% to 1318.60 euros in a ship
The gold spot rose 2.8% from the beginning of the month.
The Federal Reserve's interest rate in the US still did not change yesterday, but acknowledged that borrowing costs would be withdrawn this year as a result of the development of other economic prospects.
The dollar index, which measures the performance of greenhouses against a large currencies basket, is issued after the Federal Reserve has issued its cautious statement.
Gold is usually generated by lower rates of interest rates, which does not reduce the cost of the metal holder.
Palladium spot trading will be settled at $ 1360.50 ounce, after touching a large record of $ 1434.50 on January 17.
Silver fell 0.5 percent to 16.01 $ ounce after touching $ 16.10 in the previous session, July July 2018.
Platinum fell 0.4% in a vessel of $ 811.50.

Source: Reuters

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