00:44
حنين الحياة
The Federal bank meeting opens the door to gold for recovery.
Gold prices were able to rise during Thursday's trade, following a meeting of the Fed, which did not come back, causing the dollar to fall against the major currencies to open the door to the gold to land.
The Federal Reserve Bank proved its interest rates and monetary policy unanimously by all its members during its two-day meeting, which ended on Monday, to indicate the continuation of the policy of gradual graduation of interest rates this year.
The federal bank has seen that it is approaching the goal of inflation at the intermediate level with the support of improved growth rates and balance risks to the Fed, which prompts him to continue with the current monetary policy.
The US dollar against major currencies has fallen from its highest level in almost four months, which has helped gold recover from its lowest levels in four and a half months recorded this week.
Gold prices are currently traded at the level of $1309.31 for the ounce, after registering the lowest level at $1304.39 per ounce, and it opened today's meeting at the level of $1304.44 per ounce, registering the highest level at $1310.47 per ounce.
