Saturday, 21 April 2018

  • 01:58
  • حنين الحياة




The gold price futures contract fell by nearly one percent during the US session to see them lower since April 13 April amid rising US dollar index for the fourth straight session, explaining its highest since the 6th of this month according to the inverse relationship between them amid scarcity Economic data by the U.S. economy is the world's largest economy on Friday.

At 2:37 p.m. (GMT) the futures contract for gold prices declined delivery of 15 June June 0.76% for the time being. At $1,338.50 for the ounce compared with the opening at $1,348.80 of the ounce, amidst the US dollar index rising 0.47% to 90.36 levels compared Opening at 89.94. 



The market is now looking for what will be produced by a member of the Federal Open Market Committee and the President of the Bank of San Francisco Federal Reserve John Williams at 3:15 pm GMT talk on the side of the fireplace hosted by the center of Real estate and urban economy in California, Investors ' attention is also drawn to the outcome of the biannual meeting of the International Monetary Fund (IMF) today and over the weekend.

Otherwise, we would like to point out that the rise in American bond yields a 10-year class up in a month at 2.934% in the shadows of anxiety over tension between the United States and China, as well as the US administration's entry into direct talks with North Korea to end the crisis The North Korean nuclear programme has supported the performance of the US dollar index and has successively weighed on the performance of the gold price futures contract at the last week of meetings.

The gold holdings were stabilized by the S-P-D Gold Trust Fund, which is the world's largest gold-backed indicator fund on Monday Thursday without a little change for the fifth straight day when a total of 865.89 metric tons, which is the highest since the eighth of June of June 2017, is mentioned as a The fund's gold rose in 2017 by about 3%, 23.63 metric tons, while gold prices rose 13% in 2017.


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