Gold in a week… slight increases below the $4,000 barrier

Gold prices yesterday, Friday, reaching $3,994.03 per ounce in spot transactions, or 0.4%, but heading towards a weekly loss of 0.3%.

And GoldA slight increase on Thursday, amid a limited decline in the dollar index, and the continued state of uncertainty about the US economic outlook in light of the government closure, which has exceeded the 36th day.

Gold prices

And on Wednesday, gold prices recovered more than 1% of their losses, with a slight decline in the US dollar, and investors resorted to safe havens in the wake of recent fears in the stock markets.

While gold prices witnessed a slight decline on Tuesday, with the rise of the dollar and a decline in bond yields. Treasury.

And on Monday, the price of gold in spot transactions stabilized at $4,000.65 per ounce by 05:04 GMT, while US gold futures contracts for December delivery rose by 0.4% to reach $4,010 per ounce.

At the beginning of last week, gold prices stabilized above $4,000 per ounce today, amid a state of uncertainty regarding another cut in interest rates by The Federal Reserve (the US central bank) this year.

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