Money and business

Gold at a new summit .. How much is the price of an ounce?

Gold prices rose, today, knit above the level of 3600 Oid dollars are supported by expectations to reduce US interest rates this month, while investors are awaiting major inflation reports this week.

By the hour 01:01 GMT, gold rose in instant transactions 0.3 Percent to 3635.329 Dollar an ounce after he jumped to a record level 3673.95 Dollars yesterday Tuesday.

But the American futures for gold delivery decreased 0.2 Percent to 3673.70 Dollars.

“Moral pays prices to rise,” said Kyle Roda, a financial market analyst at Capital.com.

There are a number of main factors that move gold prices at the present time. The main factor is the expectations of lowering American interest rates. “

The inflation data is issued in the prices of producers in the United States per hour 12:30 GMT, as she comes to read the price inflation tomorrow, Thursday, and it is close to obtaining more signals about the interest rate track.

The US government said on Tuesday that the economy probably allowed less jobs than it was previously expected in the twelve months until March, which indicates that job growth stumbles actually before duty President Donald Trump Fees Customs High on Imports.

as Indicate Data Jobs not Agricultural Issued Weekly the past to weakness conditions market the job in States United, as that it I was reinforced from Probability cut Prices Benefit in meeting Politics Cash For a council the reserve Federal this Month.

With regard to For minerals Precious The other, I went up Silver in instant transactions 0.3 Percent to 41 Dollar an ounce. Platinum rose 0.9 Percent to 1380.74 A dollar and no change has occurred in the palladium to settle at 1148.57 Dollars.

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