Gold in a week… The prices of the precious metal fluctuated due to the peace and oil agreements

RegisteredGold prices Yesterday, Friday, it declined slightly at the end of last week, and is heading towards the third weekly decline in a row, affected by the rise in the dollar.

And it decreasedGold In spot transactions, by 0.5% to $4,189.26 per ounce by 00:43 GMT.

And it fellUS contracts Futures for August delivery rose 0.9% to $4,207.80.

And last Tuesday, Gold prices rose, amid optimism about the initial peace agreement between the United States and Iran, which somewhat eased fears of a US interest rate hike, while investors await more details about the agreement.
And it roseGold price In spot transactions, it increased by 0.3% to $4,317.43 per ounce, continuing its gains for the fourth session in a row. On the other hand, US gold futures (August delivery) fell by 0.3%, reaching $4,338.70."LTR".

The next day (last Wednesday) Gold prices stabilized near their highest levels in a week during trading, supported by the state of anticipation that dominates the markets.

This comes ahead of the issuance of the first monetary policy decision led by the Chairman of the US Federal Reserve Kevin Worsh, at a time when signs of easing tensions between Washington and Tehran limited the gains of the precious metal.

Gold prices rose last Thursday, compensating for some of the losses of the previous session, after signals from the Federal Reserve of a possible hikeInterest rates In the future, as the decline in oil prices following the interim agreement between the United States and Iran contributed to easing inflation expectations and supporting precious metals.