06:56
حنين الحياة
The gold levels stopped falling during the Asian session on Thursday after dropping and registering the lowest level five weeks ago during yesterday's trade, this comes as the dollar continues to dominate currency and commodity market movements.
The US dollar has completed its height against the major currencies and scored its highest levels three and a half months before a basket of major currencies, increasing the negative pressure on gold prices and pushing them down.
The return on U.S. government bonds has seen a significant rise since the beginning of the week and scored its highest levels since January/January of 2014 written level 3% this helps to pull trades from gold and commodity markets to bond markets that offer a return to reverse investment in gold.
On the other hand, Asian stock indices rose today with the support of improved US corporate profit results, which has significantly reduced gold gains as an alternative investment to stock markets.
Gold prices are currently traded at the level of $1323.69 for the ounce, after registering the lowest level at $1321.23 per ounce, and it opened today's meeting at the level of $1322.63 per ounce, registering the highest level at $1324.64 per ounce.
