The yellow metal remained hovering close to the record level it recently recorded, after the president indicated US Federal Reserve Boardto lower interest rates at a lower pace in the future.
The return on decreased US bonds The 10-year standard on Tuesday, making gold Which does not generate a more attractive return for investors.
On Monday, gold recorded its worst daily performance in more than four weeks after the Chairman of the Federal Reserve indicated, Jerome Powellindicates that the central bank is likely to seek to lower rates Interest by a quarter of a percentage point in the future.
This week, markets are awaiting a series of data related to employment and non-farm payrolls in the United States, which is expected to shed light on the strength of the American labor market.
Officials from the Federal Reserve are also expected to make statements later Tuesday, in addition to the release of data on job openings in the United States.
Price movements
Gold rose in immediate trading by 0.77 percent to $2,654.73 an ounce, by 12:41 GMT, after recording the highest level ever at $2,685.42 last Thursday.
US gold futures rose 0.63 percent to $2,676.65.
As for other precious metals, it rose Silver In spot transactions, it rose 0.7 percent to $31.37 per ounce Platinum 0.4 percent to $979.83, and declined Palladium 0.8 percent to $991.36.
