Money and business

Gold in a week .. extensive sales and then high prices


It rose at the end of Friday, concluded the week at a height, after the issuance of American inflation data in line with expectations, which strengthened the bets to reduce the Federal Reserve for interest rates later this year." In instant transactions (0.8%) to (3777.79) dollars an ounce, after he touched a record level at (3790.82) dollars earlier in the week, registering weekly gains by (2.5%). And Economic , while investors were waiting for US economic data to obtain visions about the path of the central bank’s monetary policy for the coming period.

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And last Wednesday witnessed, most of the precious metals occurred, especially and silver, today, under the pressure of intensive sales to reap the profits that they achieved during the recent period, as well as the reluctance of investors to buy in light of the high In front of most of the other major currencies, with expectations that the American interest remains at its current high levels and the speculation is reduced by reducing them again soon.

Gold prices break the record numbers

Gold prices rose to a new record, last Tuesday, supported by expectations Reducing interest rates
in America before the end of the year, while the markets are waiting for the speech of the President of the Federal Reserve, Jerome Powell, for more references on the path of monetary policy.

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