Gold settles globally and fears of the presence of a “price bubble” in Al -Nafis

The price of gold stabilized after its largest daily decrease in two months, as the decline raised investor concerns that the last standard height of the precious metal was exaggerated and in the value of its height in a way that does not fit with the market variable, which indicates a state of market bubble, according to the American Bloomberg Network.

The largest decrease in metal and market movements

The price of gold to the ounce declined after it recorded a record peak at $ 2942.70 on February 11, which means that gold alloys are declined by 1.6%.
Gold futures in the United States increased 0.4% to $ 2912.50.
Also read: These fluctuations may hinder the arrival of gold to $ 3,000 to the ounce
The 24 -day Relative Power Index – a scale of the pace and intensity of movements – showed that gold has reached the level of peak purchase earlier last week, which means that the market has reached the limits of the saturation of traders.

Gold and interest path

Besides this, the view of traders on the course of interest rates, cash moves and the determination of the American Federal Reserve affecting prices in America and the world besides the danger caused by the disturbances in the market due to the threats of US President Donald Trump and its imposition on allies before the opponents.

Trump’s commercial threats

Despite this, speculation has increased that the threats of Trump are used mainly as a negotiating tool on his part. The protection policies of the customs tariffs pursued by his administration have become increasingly confusing due to delays and exclusion operations with a tendency to a state of geopolitical and economic uncertain Increase the gravity of gold and metal alloys as a safe haven.
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Expected effects on gold

Dealers also put the American economic data on their interest list in search of indicators about the possible facilitation path that the Federal Reserve may adopt after a report issued last Friday showed that fragmented sales fell at the largest pace in about two years.
These numbers have prompted customers to restore hopes that the central bank reduce interest rates by September.
Gold usually benefits from lower borrowing costs because it is of no benefit.

Gold declined … the decisive step

In light of the financial portfolios, in light of their upward bets on gold on the lowest level in four weeks in the week ending February 11, according to the latest report issued by the commodity futures trading committee on Friday.
Despite its landing on Friday, and its decline from then, gold is still achieving its seventh weekly consecutive gains in the longest series of gains since 2020.
In part, it has helped in achieving the continued purchases by central banks, including China, as well as increasing the biases in the alloys circulating.

The highest level of gold

The bombing prices recorded its highest level at $ 2942.68 an ounce.
The price of gold in instant transactions increased by 0.1% to 2886.23 dollars an ounce, lower than it was achieved after weekly gains of 0.8%.
The Bloomberg Index settled in the dollar in instant transactions, while silver decreased and pacolium and platinum rose.

The opinion of experts and analysts

“If the talks between American and Russian officials improve the chances of reaching a peace agreement that ends the war, the demand for the purchase of a safe haven may diminish, which may lead to the loss of gold for some of its momentum, but with The continued talk about customs duties and inflation in causing anxiety among investors, gold may rise even if safe haven flows decrease. ”