Golden shelters with the anticipation of the market of trade talks between China and America

Gold prices have fallen slightly, while traders followed the path of trade talks between the United States and China, with the two parties to prepare to make concessions. The price of gold trades nearly $ 3320 an ounce, after it rose 0.5% on Monday. A delegation of the two largest economies in the world concluded the first day of Negotiations in London, at a time when the United States indicated that some restrictions on technology export can reduce, compared to China’s guarantees to reduce rare land elements restrictions. The negotiations are scheduled to resume today, Tuesday. Commercial problems support the attraction of gold as a safe haven, the uncertainty over global trading tensions has led to the disturbance of markets this year, strengthening the attraction of gold as a safe haven. Although the Gulf of Ascension has calmed down over the past few weeks, the continued concern about the economic effects of US customs duties held the precious metal near the standard level of about $ 3500 per ounce, which he reached in April. Platinum established themselves after he jumped 4.7% on Monday, after a 10% increase last week, to circulate near its highest level since May 2021 in light of indications of serious scarcity in the market. The positive feeling of this mineral is partly due to the optimism that has affected gold, which has also increased by more than 25% this year, according to Francisco Blanche, head of commodity and derivative research at Bank of America. Blanche added in an interview with “Bloomberg” TV on Monday that the bank is expected to reach $ 4,000 per ounce, but he indicated that it would not happen before 2026, as “we need a real shock to separate prices from their current levels.” Follow the US auctions and anticipation of market movements, gold, gold, with 0.2%, up to $ 3318.73 per gram at 08:37 Singapore time. While the Bloomberg index of the immediate dollar remained stable. The silver fell, but it remained near its highest level in 13 years, while the recession fell. Investors are now focusing on an auction on Thursday for long -term US Treasury bonds, an event that receives unusual attention, amid growing global resistance to US debt. Any poor results at the auction can increase the demand for gold as investors seek safety.