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At 06:20 GMT, it is installed D & # 39; gold In cash transactions at 1290.34 dollars an ounce, after falling nearly 1.5% in the previous session, the largest decline recorded for more than seven months.
The metal is heading for the first weekly decline in four weeks and has lost about 1.7% since the beginning of the month.
But on a quarterly basis, gold is on track for a second consecutive rise, due to its adoption by the Federal Reserve.Central Bank of America) The tone tends to facilitate monetary problems and slowness Mondial economy.
Gold futures futures fell 0.1% to 1288.70 dollars an ounce.
The dollar is heading for the biggest monthly gain in five months, while Asian stocks have advanced on the hope that Washington and Beijing will progress in trade negotiations.
The world 's two largest economies began Thursday a new round of negotiations to end a one – year trade war.
At the same time, palladium rose 0.7% to $ 1,577.68 an ounce today, after a two month low in the previous session.
The metal, used in the automotive transformer industry, fell 6.6% on Thursday, the largest decline since January 2017, and was heading toward the worst weekly performance since November 2015, with worries about the slowdown in global economic growth has led to heavy metal sales.
On a monthly basis, palladium is heading for its biggest decline since the end of 2016.
For other precious metals, silver was established at 15.02 dollars an ounce, while platinum rose by about 0.5% to 841 dollars a year. ounce.
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At 6:20 am GMT, spot gold stabilized at $ 1,290.34 an ounce, after a drop of nearly 1.5% in the previous session, the largest decline registered for more than seven months.
The metal is heading for the first weekly decline in four weeks and has lost about 1.7% since the beginning of the month.
But on a quarterly basis, gold is on track for a second consecutive rise, due to the Federal Reserve's (Fed) tone of monetary easing and concerns over the slowdown in the global economy. .
Gold futures futures fell 0.1% to 1288.70 dollars an ounce.
The dollar is heading for the biggest monthly gain in five months, while Asian stocks have advanced on the hope that Washington and Beijing will progress in trade negotiations.
The world 's two largest economies began Thursday a new round of negotiations to end a one – year trade war.
At the same time, palladium rose 0.7% to $ 1,577.68 an ounce today, after a two month low in the previous session.
The metal, used in the automotive transformer industry, fell 6.6% on Thursday, the largest decline since January 2017, and was heading toward the worst weekly performance since November 2015, with worries about the slowdown in global economic growth has led to heavy metal sales.
On a monthly basis, palladium is heading for its biggest decline since the end of 2016.
For other precious metals, silver was established at 15.02 dollars an ounce, while platinum rose by about 0.5% to 841 dollars a year. ounce.
