02:05
حنين الحياة
Gold prices on the European market fell on Thursday on their way to record the first loss in three days, as the US dollar rises against a basket of world currencies, as well as a weak investment demand for metal as a safe haven.
Gold prices fell by 0.2% until:@@ GMT to deliberate at the level of $1346.97 of the 1349.17 level, registering the highest level of $1354.68, and the lowest level of $1344.75.
Gold prices ended yesterday's 0.1% high, in the second daily gain, respectively, to record the highest level in the week of $1355.70, with hopes of improving the real demand in China for the world's largest mineral consumer.
The dollar index on Thursday rose 0.1 percent, continuing its gains for the third consecutive day, reversing the continued rise of the US currency against a basket of global currencies, which puts a negative pressure on the prices of dollar-denominated minerals.
The rise of the US currency comes as concerns about global geopolitical tensions recede, the United States said it has already begun direct talks with North Korea to end the Korean nuclear program crisis, and Russian President Vladimir Putin has demanded talks with America to solve the crisis Of the last two countries.
Gold holdings in the SPDR Gold Trust, the largest global indicator fund supported by gold, remained unchanged for the fourth consecutive day for a total of 865.89 metric tonnes, the highest level since 8 June June 2017.
