03:32
حنين الحياة
Gold tries to recover from its lowest levels in three weeks
Gold prices were cut during the Asian session on Tuesday after registering their lowest levels in three weeks amid increasing sales of precious metals over the last few days.
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. This helps to pull trades from gold and commodity markets to bond markets that offer a return in reverse investment in gold.
The return on the level 3% bond is also causing the US dollar to rise against the major currencies and record its highest levels in two months, causing negative pressure on gold levels.
As for the Asian stock, it rose during today's trade, which has worked to reduce the recovery of gold prices, which is the safe and alternative investment of stock markets, which is experiencing increasing investor risk.
Gold prices are currently traded at the level of $1326.85 for the ounce, after registering the lowest level at $1322.02 per ounce, and it opened today's meeting at the level of $1324.49 per ounce, registering the highest level at $1328.08 per ounce.
