01:32
حنين الحياة
Gold prices on the European market stabilized on Friday within a limited range of dealings, with investors reluctant to build new centers, in anticipation of the release of data the monthly jobs in the United States, which provide strong evidence about the prospects for raising U.S. interest rates in June next June.
Gold prices are traded by:@@ GMT around the $1310.30 level of the level of the opening $1311.81, recorded the highest level of $1314.40, and the lowest level of $1309.39.
Yesterday's gold prices grew by about 0.5%, in the second consecutive daily gain, among the lowest-level recovery operations in five months is $1301.74 for the ounce, in addition to a pause for the rise of the U.S. currency against a basket of global currencies.
Over the current week, gold prices have so far lost 1 percent, about to incur the third consecutive weekly loss, as the US currency has been on the rise, and investment demand for metal as a safe haven has slowed down.
The Federal Reserve Board on Wednesday maintained interest rates unchanged at a scale of 1.75% in line with most forecasts in the financial markets, expressing confidence in the country's inflation recovery trajectory and confirming that it was approaching the target of 2% in the medium term.
The experts interpreted the use of a similar word for inflation by monetary policy makers, which might allow it to rise above the extreme target 2%, this would reduce the need to accelerate the tightening of monetary policy as a reaction to high inflation over target.
The Federal Reserve monetary policy statement maintained the US interest rate raise bets for the second time this year during June meeting next June when range 90%, and in order to reassess those bets, investors are awaiting the monthly job data in the United States later today. During April April, positive data will enhance those bets, support the rise of the U.S. currency against a basket of coins, and expand the weekly loss of gold and other metals.
Published by 12@@ GMT job data in the non-agricultural sector outlook indicates the addition of the US economy 190, 000 new jobs during the April April compared with the addition of 103 thousand jobs in March March, with the unemployment rate falling to 4.0% of the 4.1% level, the lowest level since the year 200 The average per capita income at the expected hour also produces 0.2% rise from 0.3% in March March.
Gold holdings of the SPDR Gold Trust, the world's largest gold-supported indicator funds dropped by 1.17 metric tons yesterday, to bring the total to 865.6 metric tons, the lowest level since 6 April last April
