Gold goes to record the worst weekly performance in more than two months

Today, gold prices tend to record the worst weekly performance in more than two months, amid a decline in demand for safe haven as a result of the decline in commercial tensions.

The market focus is currently on the non -agricultural job report in the United States, which is scheduled to be issued later in the day.

Gold settled in instant transactions at $ 3240.34 an ounce by 00:20 GMT.

The precious metal has decreased by more than two percent since the beginning of the week until now, at the largest weekly decline since late February.

And US gold futures rose 0.8 percent to $ 3248.80.

A social media account belonging to Chinese government media reported that the United States had contacted China in an effort to hold talks on the customs duties imposed by President Donald Trump, which amounted to 145 percent, which is likely that Beijing’s openness to negotiations.

The markets are currently awaiting the job report in the non -agricultural sectors in the United States, which is scheduled to be issued later in the day to obtain more indicators on the Federal Reserve (US Central Bank) course on interest.

Chinese markets are still closed on the Labor Day, and trading is scheduled to resume on the sixth of May.

For other precious metals, silver increased in instant transactions 0.2 percent to $ 32.47 an ounce, platinum increased 0.8 percent to $ 966.08, and palladium rose 0.3 percent to $ 943.50.