With the rise of the dollar … the continued decline in gold prices for the second session

The price of gold futures continued to rise to the second consecutive session in trading on Monday, with the dollar returning to the rise after its decline in the beginning of the transactions.
Also, after the dollar value index fell against the main currencies in European transactions to 103.56 points, while in New York’s transactions increased by 0.2% to 104.6 points.
Gold prices ended dealing with Monday, with a decline of 13.70 dollars, or 0.47% to 2891 dollars an ounce of delivery this month.

Low silver and copper

The price of silver decreased by $ 273.273, or 0.84%, to $ 275.275, an ounce of delivery this month.
The price of copper also decreased by 0675.175, or 1.44%, to 615,4 dollars for the delivery of the current month.
Investors are evaluating US President Donald Trump’s statements that the US economy is facing a “transitional period”, and they are waiting for some decisive economic data this week.

Pricing data

Data related to consumer inflation and wholesale are likely to be in the focus of attention, along with consumer confidence readings and inflation expectations.
In an interview with Fox News broadcast on Sunday, Trump refused to exclude the recession this year, saying: There is a transitional period that will eventually be given the fruits of the economy.
However, the Trump government’s trade minister, Howard Lootnick, was more decisive and said, “Certainly no” when he was asked whether Americans should prepare for economic slowdown.

Modify interest rates

In an echo of concerns about President Trump’s policies, the head of the Federal Reserve (Central Bank) Jerome Powell said that the council is not in a hurry to amend interest rates, and continues to “focus on separating the signal from the noise.”
The head of the Federal Reserve Bank in San Francisco Marie Dali said that the increased uncertainty among companies may slow the demand in the economy, but it does not require a change in interest rates.