Update prices
By 0057 GMT, it had declined gold In spot transactions, 0.5 percent to $2,732.90 per ounce. Prices reached a record high of $2,758.37 per ounce on Wednesday, while last week’s transactions ended approximately one percent higher.
US gold futures fell 0.33 percent to $2,745.30 per ounce.
Index increased Dollar 0.2 percent, which makes gold less attractive to holders of other currencies, and the yield on US Treasury bonds also rose.
Friday’s data showed that confidence American consumer It rose to a six-month high in October, and the rise was most pronounced among Republicans who had become more confident in Donald Trump’s victory.
In another context, Israeli Prime Minister Benjamin Netanyahu said yesterday, Sunday, that the Israeli air strikes “severely bombed” Iran’s defenses and missile production, while Iranian Supreme Leader Ayatollah Ali Khamenei said that Tehran is considering responding to the attacks.
Gold is rising in a price environment Interest Low and is considered a hedge against political and economic fluctuations.
According to CME’s FedWatch market monitoring tool, markets expect 94.8 percent of interest rates to be cut by 25 basis points at the meeting. American Central Bank In November.
A state of uncertainty prevails as the US elections approach on November 5, as opinion polls indicate that the race will be tight between Donald Trump and Donald Trump. Trump And Kamla Harris.
As for other precious metals, it decreased Silver In spot transactions, 0.4 percent to $33.57 per ounce. And he went up Palladium 0.23 percent to $1,025.15 per ounce. And he went down Platinum 0.2 percent to $1,190.97 per ounce.
