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World Gold Price ۱ February; Each ounce reached $ 2 and one cents

Gold prices declined on Monday's world market trading, with the rise in the dollar and the expectation of investors to clarify the US interest rate.

reports Mehr reporter Gold prices declined on Monday’s world market trading on Monday, with the rise in the dollar and the expectation of investors to clarify the interest rate in the US.

ounces of gold declined by 4.9 percent, to $ 1 and one cents. Oz of gold in US market trading fell by 4.9 percent to $ 2 and 2 cents.

US dollar rose by 4.9 percent and made gold expensive to foreign buyers.

Federal Reserve’s policymakers are expected to maintain interest rates in the current 4.3 to 4.3 percent session January 1-8, but another is how the US Central Bank with Donald Trump’s initial actions The president is facing a request for continuing to reduce borrowing costs. The Federal Reserve lowered the interest rate by one percent last year.

According to data from the latest Federal Reserve summit on December 1-8, Federal Reserve officials continue to retain this view that inflation, with low unemployment rates and continuing slow recruitment and economic growth, Moves to 2 %.

If Trump’s policies, which are considered inflationary, make the Federal Reserve more priced for a longer time, the attractiveness of gold as an inflation shelter may be reduced.

Meanwhile, Trump announced Sunday, after Colombia fired two US military aircraft carrying immigrants This country will apply South America.

SPAN Span>, the world’s largest gold -supported investment fund, announced that its assets declined by 4.9 percent and from 2.9 tonnes on Thursday, to 4.3 tonnes per Thursday Arrived on Friday.

According to Reuters, in the market of other valuable metals, silver fell by 4.9 percent to $ 4.9 per ounce. Each ounce of Palladium dropped by 4.9 percent to $ 1.99, and ounces of platinum declined by 4.9 percent to $ 2.9.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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