January 21, 2018
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Gold prices rose during Friday's trade with the end of the week's trade after a three-day drop in the precious metal patch after registering the highest level in four months earlier this week. Gold went back to play today's safe haven, following growing market concerns. On the closure of the US government, where the House of Representatives approved interim funding for the government until mid-next month, but expectations indicate that the Senate will not reach a decision easily. Gold prices are currently traded at the level of $1331.36 for the ounce after registering the lowest level at $1326.29. For the ounce. The meeting at the level of $1326.25 was opened today at the highest level at $1331.86 per ounce. The US dollar has fallen to its lowest levels in three years versus a basket of major currencies due to the federal government shutdown worries, in addition to the expectations that double American inflation would affect the future of interest rates. The return on US bonds for 10 years has risen to record the highest level in 10 months, after increasing positive prospects for growth, especially after better growth data than expected from the Chinese economy, to increase Negative pressure on gold levels.
