00:40
حنين الحياة
Gold tries to recover from its lowest levels in four and a half months
Gold prices surged during the Asian session on Tuesday after the lowest levels in four and a half months were recorded during yesterday's session, the recovery comes amid a dollar suspension from the rise before the Fed's meeting.
The limited decline in US dollar levels makes it settle near its highest levels in four months versus the main currencies, which forces gold prices to retreat in general, as well as price rises during today's session.
Outlook suggests that the Fed is on its way to fixing interest rates during its meeting today, but the focus will be with the statement a bank to see the next raising date for interest, which is increasing expectations about the fact that during the meeting of the World Bank leaders in June June.
On the other hand, Asian stock markets are on the rise today as well as stable levels of return on US government bonds, which have worked to limit gold gains during today's trade.
Gold prices are currently traded at the level of $1309.91 for the ounce, after registering the lowest level at $1303.65 per ounce, and it opened today's meeting at the level of $1303.65 per ounce, registering the highest level at $1310.22 per ounce.
