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The Fed’s statements drop gold and return the dollar to the scene

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(MENAFN- Al Wakeel News)

News Awakener – The statements of the Federal Bank officials contributed to tipping the scales, while putting pressure on assets and havens, led by gold, in contrast to the pressure on high-risk assets such as digital currencies and stocks.

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And the futures contracts for the yellow metal fell during today’s trading, Monday, at the beginning of the week’s trading, within the range of $ 8, down to levels near $ 1745 an ounce, with losses of about $ 8.

After gold traded near the levels of $1755 an ounce, it fell to levels below $1747, with a decline of about 0.5%, equivalent to losses of about $8. ( investing )

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