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Gold prices rose slightly on the European market on Monday early in the week, hitting a high of one week, continuing to recover for a second consecutive day of the lowest level in the world. Year, the rise being due to a basket of currencies.
Gold prices rose 0.1% to settle at $ 1,232.40 an ounce from the opening level of $ 1,231.40 and reached the highest level of $ 1,235.11 the highest of the week and the lowest of $ 1,230.23.
Gold prices ended the week up 0.7%, the first loss in four days, returning from a low of $ 1,211.19 an ounce the day before , supported by the decline of the US dollar.
Last week, the price of gold lost 0.8%, the third consecutive week after the testimony of Federal Reserve Chairman Jerome Powell, who accelerated the tightening of US monetary policy and increased interest rates twice. General
The dollar index fell 0.1% on Monday, prolonging its losses for a second consecutive day, reaching a low of 93.96 points in two weeks, reversing the fall of the US currency against a currency basket.
In an interview with CNBC, Trump said that the strong dollar was putting his country in an awkward position, while falling like the rock falling Trump showed his displeasure at tightening the Fed, saying he was concerned about the price. impact on the economy and capacity US competitiveness.
SPDR Gold Trust's gold holdings The largest gold index fund in the world remained unchanged on Friday with a total of 798.13 tonnes, the highest level since July 10th.
] Trump
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