Gold declines as political tensions ease and hopes for a rate cut diminish

Gold prices fell today, Thursday, halting the rise that lasted for 3 sessions, as the decline in tensions over Silver price% to $93.29 per ounce, platinum rose 0.8% to $2,502.45, while palladium gained 1% to $1,857.02.
At the level of American monetary policy, a poll conducted showed "Reuters"that the Federal Reserve Bank (the US central bank) will maintain the main interest rate during this quarter and perhaps until the end of the term of its current president, Jerome Powell, next May.

On the political level, US President Donald Trump suddenly retreated on Wednesday from threats to impose customs duties as a means of pressure to annex Greenland, ruling out the use of force to annex the island, which belongs to the Danish territory.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter