The price of gold establishes amid US peace efforts and awaits the "Jackson Hall" event

The price of gold has remained almost constant, while traders ended the US efforts to judge the war in Ukraine, and waited for the annual “Jackson Hall” meeting of the US Central Bank, which may offer indicators on the possibility of lower interest rates. The price of gold stabilized in immediate transactions below the $ 3336 per ounce level, after it was almost set on Monday. Federal Reserve chairman Jerome Powell is scheduled to deliver a major speech at the meeting of the Central Bank Governors on Friday, and his statements can strengthen the extensive investor expectations about a more facilitated monetary policy. The precious minerals, which are not returned, usually benefit from the low borrowing costs. Also read: The interest: The attention of the central banks is on his way to Jackson Hall this week diplomatic efforts to end the Ukraine War in the United States. The Trump administration made intensive diplomatic efforts to end the conflict in Ukraine. President Donald Trump called Russian President Vladimir Putin and urged him to develop plans with Voludmir Zellinski after meeting with Ukrainian president and a number of European leaders in the White House on Monday. Gold has seen a largely stable trade within a close range over the past few months, after scoring a record of more than $ 3500 per gram in April. Factors that support gold prices. Gold prices, which have risen by 27% since the beginning of the year, have benefited from the purchases of central banks and strong flow to gold -ready investment funds. The indicators that indicate the slowdown in the US economy and geopolitical tensions have also contributed to climbing on the metal. The immediate gold price remained an gram at 8:44 p.m. at 8:44 p.m., Singapore time. The Bloomberg index for the immediate dollar settled, and the prices of silver, Albadium and platinum remained almost stable.