Negative stability of gold prices near their highest levels in two weeks with the dollar index rising for the first time in four sessions

Gold price futures have fluctuated in a narrow, slanted range to retreat to see their rebound from their highest levels since December 5, December the US dollar index for the second session, running at its lowest level since the fifth of December December, according to their inverse relationship following the economic developments and statements that they followed on Thursday from the US economy, the world's largest economy.

At 3:45 pm GMT, futures for gold prices dropped to deliver 15 February February, 0.09 percent for the time being. $1,268.40 as compared to the opening at $1,269.60 of the ounce, amidst the US dollar index rising by 0.09% to 93.40 levels compared Opening at 93.31.

We have followed up on the American economy, revealing the final reading of GDP for the third quarter, which has shown the world's largest economy in 3.2% compared to the previous second reading and Outlook when 3.3% grew, while the final reading of GDP measured At prices stabilize growth at 2.1% without changing the previous second reading and Outlook.

In the same vein, we have also followed the world's largest industrialized nation with the weekly reading of the aid application index, which has shown a high 20,000 requests to 245 thousand requests for 225 thousand requests, other than expectations at 232 thousand requests in conjunction with the detection of the Philadelphia Industrial Index read which showed TS I have a value of 26.2 compared to 22.7 in November last November, other than expectations at 21.5.

This follows hours after the House of Representatives passed the tax bill by 224 votes to 201, and following the Senate approval of the bill by a majority 51 votes to 48, which is the largest tax reform in the United States in 30 years and the dispatch of the Bill of $1.5 Trillion to US president Donald Trump to ratify it.

Gold holdings at the S-P-r Gold Trust fund, the world's largest gold-backed indicator funds, have been on Wednesday, with a total of about 833.02 metric tonnes, the lowest level of gold holdings of the fund since 11 September last September.