The high prices of “yellow metal” amid twice the dollar

Gold prices rose today, supported by the decline in the dollar, amid anticipation of labor market data that are scheduled to be issued later this week to assess the path of the Federal Reserve Policy (the US Central Bank) amid renewed calls by US President Donald Trump to reduce interest.

Gold increased by about 0.3 percent to touch 3312.25 dollars an ounce, by Greenwich time, while US gold futures increased by 0.5 percent to contact $ 3323.10.

The dollar index fell 0.2 percent, to hover near its lowest level in three years, making alloys more attractive to other currencies.

Trump continued to pressure the central bank, on Monday, to reduce monetary policy, as he sent to the head of the bank Jerome Powell a list of interest rates in global central banks, appearing with handwritten comments urging that American interest rates be in line with interest rates in Japan 0.5 percent, and a 1.75 percent.

As for other precious metals, silver in instant transactions increased by 0.1 percent to $ 36.13 an ounce, platinum rose 0.7 percent to $ 1362.35, and palladium increased 1.2 percent to 1110.03 dollars.