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Gold prices rebounded after a seven-month low on Tuesday as the dollar fell and Asian stocks fell as trade tensions between the United States and the United States rose. big savings.
Gold rose 0.3% to $ 1244.72 an ounce Earlier in the session, gold prices fell to $ 1237.32 l '. ounce, their lowest since December 12, 2017.
Gold futures on US futures rose 0.3% to $ 1245.80 an ounce. Dollar Index, which measures the performance of the US dollar m The basket of six major currencies of Apple, from 0.4% to 94.650
The decline in the US dollar generally reduces the cost of the dollar-denominated precious metal for investors who pay in other currencies.
At the same time, Asian equities The worries about tense trade relations between the United States and major economies intensified, while the Chinese market had another bad day.
The United States will impose a US $ 34 billion tax on Chinese products on July 6th.
Other precious metals, silver increased in spot transactions. Platinum fell 0.2% to $ 814.30 ounce
Earlier in the session, platinum dropped to its lowest level since December 2008 at $ 793.
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