Recovering gold prices with a decline in return on American bonds

Gold prices surged during Thursday's trade to close to the highest level in a week, which was recorded yesterday, with a decline in the return on US government bonds.

The return on US bonds for 10 years during yesterday's trade rose to record the highest level in a month before returning to retreat during the Asian session on Tuesday, which helped the gold price to recover.

The rise of gold today comes in spite of the fact that Asian stock indexes have been on the rise collectively as some tensions over the impact of the trade crisis on the growth of the world economy have receded, so gold remains consistent.

As for the United States dollar, it has continued to recover in a limited manner, but volatility remains the biggest factor in global financial markets in the absence of a clear trading trend.

Gold prices are currently traded at the level of $1352.39 for the ounce, after registering the lowest level at $1348.00 per ounce, and it opened today's meeting at the level of $1349.17 per ounce, registering the highest level at $1353.05 per ounce.

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Gold prices are retreating by the rise of the US dollar

Gold prices on the European market fell on Thursday on their way to record the first loss in three days, as the US dollar rises against a basket of world currencies, as well as a weak investment demand for metal as a safe haven.

Gold prices fell by 0.2% until:@@ GMT to deliberate at the level of $1346.97 of the 1349.17 level, registering the highest level of $1354.68, and the lowest level of $1344.75.

Gold prices ended yesterday's 0.1% high, in the second daily gain, respectively, to record the highest level in the week of $1355.70, with hopes of improving the real demand in China for the world's largest mineral consumer.

The dollar index on Thursday rose 0.1 percent, continuing its gains for the third consecutive day, reversing the continued rise of the US currency against a basket of global currencies, which puts a negative pressure on the prices of dollar-denominated minerals.

The rise of the US currency comes as concerns about global geopolitical tensions recede, the United States said it has already begun direct talks with North Korea to end the Korean nuclear program crisis, and Russian President Vladimir Putin has demanded talks with America to solve the crisis Of the last two countries.

Gold holdings in the SPDR Gold Trust, the largest global indicator fund supported by gold, remained unchanged for the fourth consecutive day for a total of 865.89 metric tonnes, the highest level since 8 June June 2017.

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The gold price bounced from the top of her in a week overlooking the negative stability of the US dollar index

Gold price futures fluctuated in a narrow slant to retreat during the US session to see their rebound for the second straight session from the top to her since 11 April April has been overlooking the decline of the US dollar index according to their inverse relationship following developments and data Which they followed on Thursday from the US economy is the world's largest economy and on the cusp of the recent Federal Open Market Committee member and president of the Cleveland Federal Reserve Bank Loretta Meister.

At 2:05 pm GMT, futures for gold prices declined delivery of 15 June June, 0.24 percent for the time being. At $1,350.20 for the ounce compared with the opening at $1,353.50 of the ounce, while the US dollar index decreased by 0.01% to 89.61 levels compared Opening at 89.62. 

We followed up on the American economy earlier in the day by a member of the Federal Open Market Committee of Lyle Brinard on organizational reform in the Forum of Global Finance in Washington before we saw the issuance of the weekly subsidy index reading, which showed a drop of 1,000 requests to some 232,000 In the previous weekly reading, 233 thousand requests were requested, without expectations at 230,000 requests.

This coincided with the reading of the Philadelphia Industrial Index showed an expansion to 23.2 compared to 22.3 in March last March, other than the forecast at 20.8 and the testimony of the member of the Federal Open Market Committee, Randall Quarles, on supervision and regulation before the Senate Banking Committee and on the threshold Member of the Federal committee Loretta Meister on the economic outlook and monetary policy at Joseph M. Katz College of Higher Studies at the University of Pittsburgh.

The gold holdings were stabilized by the S-P-D Gold Trust Fund, which is the world's largest gold-backed indicator fund on Monday Wednesday without a little change for the fourth straight day when a total of 865.89 metric tons, which is the highest since the eighth of June June 2017, Wii The fund's gold holdings in 2017 were reported to have increased by about 3%.

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Gold drops for the second day with a dollar recovery and a decline in demand for goods

The price of gold during Friday's trades was lowered by the end of the week and for the second consecutive day, with a decline in demand for commodities after the recovery of the dollar versus major currencies.

The return on U.S. government bonds saw a rise during yesterday's session and scored its highest levels in a month, helping to pull trades from gold and commodity markets to bond markets that offer a return to reverse investment in gold.

On the other hand, the high return on US bonds also caused the US dollar to rise, which reversed yesterday's fall to gains before the end of the meeting, which negatively affected commodity prices in general.

Market concerns have seen some decline this week amid a decline in trade tensions as well as a shrinking of fears of the negative impact of the trade crisis on the growth rates of the world economy.

Gold prices are currently traded at the level of $1342.69 for the ounce, after registering the lowest level at $1341.64 per ounce, and it opened today's meeting at the level of $1345.81 per ounce, registering the highest level at $1346.29 per ounce.

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Gold price goes down for the second straight day by the rise of the US dollar.

Gold prices on the European market fell on Friday to continue its losses for the second consecutive day, as the US dollar climbed against a basket of world currencies, in addition to weak investment demand for safe havens.

Gold prices fell by 0.3% by:@@ GMT to be traded at the $1341.94 level of the 1345.81 from the opening level, registering the highest level of $1346.29, and the lowest level of $1340.42.

Gold prices ended yesterday's low 0.3 percent, the first loss in three days, with most of the price of precious metals priced in US dollars.

The dollar index rose on Friday by 0.2 percent, continuing its ascent for the fourth straight day, registering the highest level in more than a week of 89.81 points, reversing the continuing ascent the U.S. currency versus a basket of world currencies, which presses negatively on the prices of metals and commodities denominated in dollars.

The rise of the US currency comes amid a 10-year high bond yield in the United States for the highest level in a month at 2.934%, amidst a decline in fears on trade tensions between the United States and China, as well as the announcement of the US administration's entry into direct talks with Korea North to end the Korean nuclear program crisis.

Gold holdings in the SPDR Gold Trust, the largest global indicator fund supported by gold, remained unchanged for the fifth consecutive day for a total of 865.89 metric tonnes, the highest level since 8 June June 2017.

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Gold price for the first weekly losses in three weeks, with the US dollar index rising in two weeks

The gold price futures contract fell by nearly one percent during the US session to see them lower since April 13 April amid rising US dollar index for the fourth straight session, explaining its highest since the 6th of this month according to the inverse relationship between them amid scarcity Economic data by the U.S. economy is the world's largest economy on Friday.

At 2:37 p.m. (GMT) the futures contract for gold prices declined delivery of 15 June June 0.76% for the time being. At $1,338.50 for the ounce compared with the opening at $1,348.80 of the ounce, amidst the US dollar index rising 0.47% to 90.36 levels compared Opening at 89.94. 

The market is now looking for what will be produced by a member of the Federal Open Market Committee and the President of the Bank of San Francisco Federal Reserve John Williams at 3:15 pm GMT talk on the side of the fireplace hosted by the center of Real estate and urban economy in California, Investors ' attention is also drawn to the outcome of the biannual meeting of the International Monetary Fund (IMF) today and over the weekend.

Otherwise, we would like to point out that the rise in American bond yields a 10-year class up in a month at 2.934% in the shadows of anxiety over tension between the United States and China, as well as the US administration's entry into direct talks with North Korea to end the crisis The North Korean nuclear programme has supported the performance of the US dollar index and has successively weighed on the performance of the gold price futures contract at the last week of meetings.

The gold holdings were stabilized by the S-P-D Gold Trust Fund, which is the world's largest gold-backed indicator fund on Monday Thursday without a little change for the fifth straight day when a total of 865.89 metric tons, which is the highest since the eighth of June of June 2017, is mentioned as a The fund's gold rose in 2017 by about 3%, 23.63 metric tons, while gold prices rose 13% in 2017.

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The gold is retreating by the loss of the US dollar.

Gold prices in the European market fell on Tuesday on their way to record the second loss in the last four days, with the loss of the dollar American versus a basket of coins, as well as a slowing down of investment demand for metal as a safe haven amid a reversal of concerns about geopolitical tensions About Syria.

Gold prices fell by 0.3% by:@@ GMT to be traded at the $1342.47 level of the $1345.92 opening level, registering the highest level of $1349.37, and the lowest level of $1340.76.

Gold prices ended yesterday's stable dealings without any significant change, amid the fall of the US dollar versus a basket of currencies, as opposed to slowing investment demand for metal as a safe haven.

The dollar index on Tuesday rose by 0.1 percent, after the record of earlier dealings was lowest in three weeks of 88.93 points, reversing the loss the American currency for a basket of coins, which puts a negative pressure on the prices of minerals and commodities denominated in dollars.

The US currency fell to the lowest level in three weeks after accusing the US president of Russia and China of devaluation of its currencies, which contradicts the US Treasury Department's assessment.

The losses of the United States currency prior to several important economic data from the US ceased for industrial production and for the housing sector, in addition to waiting for the remarks of John Williams  "Head of the Federal Reserve in New York" Who speaks of the economic outlook in the Spanish capital Madrid.

Gold holdings in the SPDR Gold Trust, the largest global indicator fund supported by gold, remained unchanged for the second consecutive day in total 865.89 metric tonnes, the highest level since 8 June June 2017.

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