00:10
حنين الحياة
Gold prices continued to fall during Tuesday's trading for the second straight session, with the continued negative pressure on the precious metal, which pushed it to trade near its lowest level in six weeks.
The US dollar has managed to keep its gains today to circulate near its highest levels in about four months against a basket of major currencies, which has caused gold prices to fall.
Negative pressure on the prices of goods in general is continuing because of the high dollar levels that are being priced, as well as the decline in demand for goods for bond or stock markets.
Declining gold levels come in spite of the expectation that the Fed is on its way to stabilizing its monetary policy unchanged during its meeting this week, this would reduce the pressure on gold, but the profit of the dollar and the stability of its trades are forcing precious metals to retreat.
Gold prices are currently traded at the level of $1312.52 for the ounce, after registering the lowest level at $1312.04 per ounce, and it opened today's meeting at the level of $1314.99 per ounce, registering the highest level at $1316.29 per ounce.
