Up 0.3%.. Gold is regaining the upward path after the recent wave of selling #Urgent

Gold prices recorded a relative increase today, Monday, supported by the prospects of reducing Interest rates in America this month, while investors await key inflation data, and upcoming trade negotiations between Washington and Beijing this week for more insights.
The price of gold in spot transactions rose by 0.3% to $4,259.34 per ounce by 05:14 GMT, while gold futures in the United States (December delivery) rose by 1.4%, reaching $4,273 per ounce.
In other precious metals, platinum fell by about 2% to $1,589.60 per ounce, and palladium fell by 0.2% to $1,470.83 per ounce.
/>And tries The gold market regained its balance after the wave of selling witnessed on Friday. Kyle Rodda, an analyst at… "Capital.com"saying: "Sentiment will recover after weeks of volatility."
Gold fell by about 1.8% on Friday, its largest decline since mid-May, after US President Donald Trump said that the proposed 100% tariffs on goods coming from China will not last long.
With regard to monetary policy, the markets almost certainly expect a reduction in interest rates by the Federal Reserve Bank (the US central bank) by A quarter of a percentage point at the end of this October, and another reduction next December.
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