The price of gold dropped by more than two percent to its lowest level in three weeks today, Tuesday, as optimism increased about the easing of trade tensions risk appetite and pressure on demand for the yellow metal as a safe haven, while investors turned their attention to the meeting of the Federal Reserve Board (the American central bank) this week.
Gold fell in spot transactions by two percent to 3,899.94 dollars for gold (al-ounsa), by 08:57 at the time of Gharintash, bringing it to its lowest level since the sixth of October.
وتمافت الأوريكاسية الآجلة للزحب تسليم الكانون الأول 2.6 في قرآن إلى 3915.30 دولر للاوقية.
It is noted that gold prices rose by 53 percent since the beginning of the year, and recorded their highest levels ever at 4381.21 dollars on October 20, before falling 3.2 percent this week.
As for other precious metals, silver fell 2.5 percent to 45.71 dollars per ounce in spot transactions, which is the lowest since more than a month.
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