Gold dropped by more than 1 per cent today, Wednesday, to achieve its lowest level in 11 weeks, in the midst of rising dollar and oil prices, with renewed hostilities between the United States and Iran, increasing concerns about inflation and rising interest rates.
And the price of gold fell in. Immediate transactions 1.8% to 4187.59 dollars for condoms (earning), touching its lowest level since 23 March.
United States forward gold contracts reduced the delivery of August 1.7% to $413.40.
The dollar has increased the price of gold for other currency holders, and oil prices have risen by 1 per cent, raising concerns about inflation and increasing expectations that interest rates will remain high for a longer period.
Incursions against Iran
On Tuesday, the United States launched raids against Iran after President Donald Trump said that Tehran had dropped an American Apache helicopter in the Strait of Hem symbols, deepening suspicions about the prospects for a peace agreement and increasing tension about the fragile armistice.
The silver in the immediate transactions decreased by 1.5% to 64.43 dollars for condoms, the billions dropped 2.8% to $1678.10, and the landfall of the country today is 0.8% to $1212.31.
We recommend: At the beginning of evening dealings, gold prices are in Egypt now.
