Wednesday, 18 April 2018

  • 08:43
  • حنين الحياة














Gold prices in the European market fell on Tuesday on their way to record the second loss in the last four days, with the loss of the dollar American versus a basket of coins, as well as a slowing down of investment demand for metal as a safe haven amid a reversal of concerns about geopolitical tensions About Syria.

Gold prices fell by 0.3% by:@@ GMT to be traded at the $1342.47 level of the $1345.92 opening level, registering the highest level of $1349.37, and the lowest level of $1340.76.

Gold prices ended yesterday's stable dealings without any significant change, amid the fall of the US dollar versus a basket of currencies, as opposed to slowing investment demand for metal as a safe haven.

The dollar index on Tuesday rose by 0.1 percent, after the record of earlier dealings was lowest in three weeks of 88.93 points, reversing the loss the American currency for a basket of coins, which puts a negative pressure on the prices of minerals and commodities denominated in dollars.

The US currency fell to the lowest level in three weeks after accusing the US president of Russia and China of devaluation of its currencies, which contradicts the US Treasury Department's assessment.

The losses of the United States currency prior to several important economic data from the US ceased for industrial production and for the housing sector, in addition to waiting for the remarks of John Williams  "Head of the Federal Reserve in New York" Who speaks of the economic outlook in the Spanish capital Madrid.

Gold holdings in the SPDR Gold Trust, the largest global indicator fund supported by gold, remained unchanged for the second consecutive day in total 865.89 metric tonnes, the highest level since 8 June June 2017.

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