The price of gold decreases from its standard level amid the profit of profit

The price of gold has dropped with investors’ demand for profits after the yellow metal has registered a new standard session, in which prices rose thanks to the increasing expectations of the timing of lowering interest rates by the Federal Reserve, in addition to the major demand for metal as a safe haven. The immediate gold contracts dropped by up to 0.5% to circulate the yellow metal with a difference of about $ 20 of its highest record, scoring it at $ 2956.19 per gram on Monday. This decline reflects increasing concerns about the future of the US economy, as the markets are currently expecting to reduce interest after two months of the date expected only last week, which is positive for gold as it does not benefit. Meanwhile, President Donald Trump has criticized China through a series of investments and trade and other issues that increase the risk of deteriorating the relations between the United States and its greatest economic competitors. Gold also received a group of low returns on the government bond, after an effect of an effects for two years has attracted a record request. This step coincided last week with poor data on US business. Low yields also tend to support the valuable metal that is no benefit. Changing views on federal cash -reserve policy, as well as uncertainty about Trump’s commercial agendas and geopolitical tension, are factors that pay attention to golden boxes. Last week, the net flow has been the largest since 2022, which added an extra momentum at the rise of gold by more than 12% since the beginning of the year. In the future, investors will focus on Friday on analyzing the basic personal consumption cost index to obtain evidence of federal federal reserve policy. The federal’s favorite inflation index is expected to subside to the lowest level since June, but slow progress in limiting prices can keep officials careful. In conclusion, the immediate gold price fell 0.5% to $ 2937.65 per gram at 12:18 p.m. in Singapore, while the immediate Bloomberg index for the dollar fell 0.1%. Silver dropped unchanged, while platinum and platinum fell slightly.