The price of gold is near standard levels to reduce the US interest

The price of gold has stabilized near its standard levels, as customers are ready to reduce the US Federal Reserve this week, and to look at them for any signals about more cash facilitation during the year. The yellow metal trades about $ 3.640 per gram, four consecutive weeks of profits. Traders are likely to reduce a quarterback this week, amid references to the weakness of the US labor market, with possibilities for extra discounts ranging up to 2026. These expectations are to pay the yields of the treasures of the treasures to the lowest levels in months, and the worst of the US dollar, which strengthened the demand for gold. Low yields reduce the cost of alternative opportunity to own gold, while the weakness of the metal roller is more attractive to buyers. The central demand for investors remains this week: Will the federal face expectations or leave the door open for more facilitation? “The total economic data will be submitted to news of customs duties,” Daniel Heinz and Sony Kumari wrote in a research note. Gold has risen by about 40% since the beginning of the year and has recently exceeded its modified standard by inflation, after it has come out of a long period of side trade. This Ascension was driven by geopolitical uncertainty, and the agenda of customs duties of President Donald Trump, in addition to intensive purchases of central banks. Trump’s unprecedented pressure on federal – including his attempt to isolate the ruling Lisa Cook – is a new factor supporting the metal, according to “Goldman Sachs Group”, which expected Gold to rise to about $ 5,000 a gram. By 08:35 o’clock Singapore, the price of gold fell 0.2% to $ 3,635,66 per ounce. While the Bloomberg index for the immediate dollars remained stable, and the prices of silver and Pilav dropped, while platinum rose more than $ 1,400, approaching the highest levels during a decade. In the background, trade talks between the United States and China entered its second day in Madrid, focusing on trade and safety issues. It is expected that any approach to trade relations between the two largest world economies will make up a reduced pressure on gold. In Asia, an unusual jump of 19% in Thailand’s gold exports to Cambodia caused demand signs, as the Thai Industries Union was suspected of money laundering activities behind this flow.