Gold prices fall by low demand, and ignore Moody's reduced America classification

Gold prices fell slightly with the decline in demand for safe ports, which were previously reinforced after the ‘Moody’s’ credit rating of the United States, while the market focus returned after the decline in the tensions of the two largest economies in the world. The price of the gram of gold fell 0.5% to $ 3212, so it would wipe out as part of yesterday’s profits. A tone of optimism has prevailed in the broader financial markets, where shares in Asia are expected to detect the impact of Wall Street, which is a negative gold factor that often benefits from economic pessimism. Earlier in the year, the market of the market due to Trump’s policy and gold saw an acute increase when the aggressive trade policy of President Donald Trump caused unrest in global markets. However, these profits began to decline during May, after Trump has enlightened or relieved his threats to impose or relieve customs duties. Nevertheless, since the beginning of the year, gold has been still by more than 20% high, and it is unlikely to see a sharp decline in the light of the uncertainty that Trump introduced to the global economy. Gold fell by 0.3% to $ 3,220.75 per gram at 08:16 Singapore time. The “Bloomberg” index to measure the dollar performance added 0.1% after falling 0.6% on Monday. The price of silver remained stable, while Platinum and Bolladium achieved profits.