Thursday, 26 April 2018

  • 07:00
  • حنين الحياة











The gold was weakened during the Asian session on Wednesday after he tried to recover during Sunday's session since the lowest level of its record three weeks ago, this comes under the rising dollar levels and the leap of return on government bonds.

The U.S. dollar rose against the major currencies to circulate near the top in two months, under the support it finds better economic data, as well as high levels of return on government bonds for 10 years that skipped level 3%.

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.

As for equity indicators, they are beginning to decline, influenced by rising demand for bond markets that offer investors unlike stock markets, but gold has not benefited from lower equity due to negative pressures on it.

Gold prices are currently traded at the level of $1329.05 for the ounce, after registering the lowest level at $1328.31 per ounce, and it opened today's meeting at the level of $1329.84 per ounce, registering the highest level at $1332.03 per ounce.

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