Gold prices rise with the anticipation of federal assembly and discussions on Ukraine

Gold prices rose with the anticipation of clients of possible signals at interest rates from the annual meeting of the Federal Reserve, held in Jackson Hall, as well as sensitive diplomatic talks in Washington on attempts to end the war in Ukraine. The price of gold rose about 0.7%, by $ 3.359 per ounce, after a weekly drop of 1.8%. The central banking managers from different countries of the world will meet next Friday in the “Jackson Hall”, the resort located in Wayyme, while market prices indicate that it is likely that interest rates in the United States will lower at the Federal Reserve next month. Prior to the meeting, Rafael Postic, the head of the Federal Reserve in Atlanta, said, after a three -day tour in the southeastern United States, that customs duties are real, and that high borrowing costs are pushing corporate profits. It is open for lowering interest rates soon. The results of the Trump and Zelinski meeting have been waiting more than 25% on gold since the beginning of the year, and most of this height took place during the first four months, as the precious metal in April touched an unprecedented level. Prices have since moved in a narrow scope, while investors follow up the effects of the US trade war, anxiety about the strength of the global economy and geopolitical tension. The purchase of central banks also helped support gold prices. Also read: The interest: The attention of the central banks is on their way to “Jackson Hall” this week, Priyanka Satchiva, an analyst at Philip Nova, based in Singapore, said: “The market expectations are taking on the Federal Reserve a more likely tone for cash facilitation in the next Jackson, with the customers who have released the customers. United States, Meanwhile, Ukrainian President Voludimir Zellinski and his European allies are planning to discover the promises made by US President Donald Trump during the summit he held with his Russian counterpart, Vladimir Putin, because he was concerned about his 3,3555. dollar sitting.