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حنين الحياة
Gold prices at the European market were revised on Monday to resume their losses, which were temporarily interrupted Friday in the recoil from the lowest in five weeks, the price tends to incur the second monthly loss during 2018, with the US dollar rising against a basket of currencies.
Gold prices fell by more than 0.4% until:@@ GMT to be traded at the $1316.72 level of the 1322.58 from the opening level, registering the highest level of $1325.30, and the lowest level of $1315.41.
The gold finished Friday with a 0.5% rise in the first three-day gain within the lowest five-week $1315.29 of the ounce.
Over the past week, gold prices have lost about one percent, on the second consecutive weekly loss, by the large rise of the US dollar and the fall of most of the prices of minerals and goods denominated in US currency.
So far and over the course of the month of April April, which officially ends at the price adjustment today, gold prices have lost about 0.3%, on the verge of incurring the second monthly loss during 2018, due to the rise of the dollar and the decline in demand for safe havens assets.
The dollar index on Monday rose 0.3 percent, rising from the highest level in four months, 91.78 points earlier than Friday's dealings, reflecting the rise of currency for most of the world's currency, which is currently pushing back the price of gold and other minerals denominated in the states The American R.
This rise comes with the rise of the American Bond returns a class of ten years near the rate of 3% again, coming down from the highest level in four years 3.035% late last week, within the process of correcting and reaping profits, after strong gains lasting for eight continuous days.
Gold holdings at SPDR Gold Trust, the largest global indicator fund supported by gold, remained on Friday without any significant change for the second consecutive day at a total of 871.2 metric tonnes, the highest level since 30 November November 2016.
