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BNB

$688.65

BTC

$117730

ADA

$0.725347

ETH

$2988.26

SOL

$163.98

33 °

Yerevan

33 °

Moscow

42 °

Dubai

29 °

London

36 °

Beijing

24 °

Brussels

22 °

Rome

28 °

Madrid

BNB

$688.65

BTC

$117730

ADA

$0.725347

ETH

$2988.26

SOL

$163.98

33 °

Yerevan

33 °

Moscow

42 °

Dubai

29 °

London

36 °

Beijing

24 °

Brussels

22 °

Rome

28 °

Madrid

The price of gold has dropped sharply


The price of gold decreased by more than 3%, reaching the last week, when the United States and China have announced the agreement on mutual reduction of mutual customs. Relaxed tension has reduced the demand for investors to safe assets.

International price, 1 ounce was $ 3,223.57, by 3.1%. The dollar index has increased by more than 1%, making gold expensive for the owners of other currencies. Silver decreased by 1.2% to $ 32.28, with 1.7% ($ 978.5), palladium by 1.5% ($ 961.17).

UBS analyst Giovani Stownovo noted that the US-China agreement has temporarily weakened the demand for "safe property", but predicts that prices will remain variable until the possible reduction in interest rates. Analysts also follow the publication of the US Consumer Price Index (CPI), which can affect the policy of the Federal Reserve, Reuters reports.

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