Gold prices remain less than 4 thousand dollars, despite the rise in record levels

Gold has recorded a new record level below $ 4,000 an ounce, with the continued closing of the US government and the decline in technology shares, which has improved investors’ appetite for alternative assets. The precious metal rose to $ 3,992,27 per ounce, after it rose 0.6% in the previous session. December Termks in New York, the most active, also rose after surpassing $ 4,000 for the first time on Tuesday. Investors look at signs that the wave of optimism fueled by artificial intelligence has reached excessive levels, after a report indicated that Oracle Corp’s profit margins in Wool Company Services were lower than many estimates. The US government has also delayed the release of key data, which increased the uncertainty about the way of reducing interest rates at the Federal Reserve, while the political crisis in France and the change in leadership in Japan added more uncertainty to the scene. Gold is on its way to its biggest annual profits since 1979. Gold prices have risen by more than 50% this year, with US President Donald Trump changing in the course of trade and geopolitical conditions, so prices are on their way to achieving their largest annual profits since 1979. To increase investors to increase investments to increase investments to increase investments. September that records the strongest monthly inflow on record, according to the World Gold Council. Spot Gold rose 0.1% to $ 3,990.53 per ounce at 07:33 in Singapore, while the Bloomberg Dollar Spot Index. Silver rose slightly after losing 1.4% in the previous session, while platinum stabilized and palladium rose.

Exit mobile version