With the decline of the dollar .. gold hovering near a new record
Gold prices have risen today, to hover near their highest level ever, supported by the decline in the dollar and the increasing expectations that the Federal Reserve (the US Central Bank) is likely to continue to reduce interest rates later this year.
By 0150 GMT, gold in instant transactions increased by about 0.5 percent to touch 3776.72 dollars an ounce.
US gold futures settled December delivery at $ 3806.20.
The Imperial dollar index fell 0.2 percent against competitors, making the gold -based gold less expensive for buyers than other currencies.
According to the CEI’s Vid Watch tool, customers expect 90 percent to reduce the US Central Central in October and approximately 65 percent for another reduction in December.
Investors are now awaiting American data on vacancies, job reporting in the private sector, and the index of purchasing managers in the manufacturing sector and non -agricultural job report on Friday to obtain more indicators on the strength of the economy.
For other minerals, silver increased in immediate transactions 0.6 percent to $ 46.26 an ounce. Platinum increased 2.2 percent to 1602.45 dollars. Palladium rose 0.8 percent to $ 1279.68 an ounce.
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