Gold prices rose amid the followers of traders of trade talks between the United States and China, with the two parties to prepare to make concessions. The price of gold in trades approached $ 3358 per gram, after it rose 0.5% on Monday, Monday. A delegation of the two largest economies in the world concluded the first day of Negotiations in London, at a time when the United States indicated that some restrictions on technology export can reduce, compared to China’s guarantees to reduce rare land elements restrictions. Negotiations will resume today. Commercial problems support the attraction of gold, the uncertainty about global trading tensions has led to the disturbance of markets this year, which strengthened the attraction of gold as a safe haven. Although the Gulf of Ascension has calmed down over the past few weeks, the continued concern about the economic effects of US customs duties held the precious metal near the standard level of about $ 3500 per ounce, which he reached in April. Platinum established themselves after he jumped 4.7% on Monday, after a 10% increase last week, to circulate near its highest level since May 2021 in light of indications of serious scarcity in the market. Gold .. Optimism in 2025 is the positive feeling of this mineral partly due to the optimism that has affected gold, which also increased by more than 25% this year, according to Francisco Blanche, head of commodity and derivative research at Bank of America. Blanche added in an interview with “Bloomberg” TV on Monday that the bank is expected to reach $ 4,000 per ounce, but indicated that it would not happen before 2026, as “we need a real shock to separate prices from their current levels.” Investors are now focusing on an auction on Thursday for long -term US Treasury bonds, an event that receives unusual attention, amid growing global resistance to US debt. Any poor results at the auction can increase the demand for gold as investors seek safety. * Prices in the news have been updated to reflect the reality of the market
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