Saturday, 21 April 2018

  • 02:01
  • حنين الحياة










The price of gold during Friday's trades was lowered by the end of the week and for the second consecutive day, with a decline in demand for commodities after the recovery of the dollar versus major currencies.

The return on U.S. government bonds saw a rise during yesterday's session and scored its highest levels in a month, helping to pull trades from gold and commodity markets to bond markets that offer a return to reverse investment in gold.

On the other hand, the high return on US bonds also caused the US dollar to rise, which reversed yesterday's fall to gains before the end of the meeting, which negatively affected commodity prices in general.

Market concerns have seen some decline this week amid a decline in trade tensions as well as a shrinking of fears of the negative impact of the trade crisis on the growth rates of the world economy.

Gold prices are currently traded at the level of $1342.69 for the ounce, after registering the lowest level at $1341.64 per ounce, and it opened today's meeting at the level of $1345.81 per ounce, registering the highest level at $1346.29 per ounce.


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