Gold prices come back to two days of haven.
Gold prices have recorded a slight increase after a two -day decline, while the markets remained in anticipation despite the issuance of data indicating an improvement in economic confidence and indicators to make progress with commercial discussions. The golden gram was distributed near the 3309 dollars level, after falling 1.3% on Tuesday. This comes after the issuance of data that showed a strong recovery in the trust of the US consumer during the May month, after being close to the lowest levels in five years, reflecting a more optimistic prospects for the economy and the labor market. The dollar rose to that data, making gold more expensive for buyers in most markets. Investors also weigh the improvement of trade relations between Washington and Brussels, as US President Donald Trump expressed his optimism about the European Union accelerating the rate of negotiations, a few days after he threatened to impose customs duties of up to 50% on the block. The continued gravity of gold, even though gold has risen by more than 25% since the beginning of the year, but prices are still below the highest historical level recorded by about 200 dollars last month. However, the continuation of global risks keeps the markets in a state of tension and increases the attractiveness of gold as a safe haven. Investors monitor the aggravation of the US deficit, the vague around international trade relations and geopolitical tension in Ukraine and the Middle East carefully. Investors are also awaiting the release of the Preferred Index of the Federal Reserve to measure inflation, the basic personal consumer expenditure index, which excludes food and energy, which is scheduled for Friday. Immediate gold rose by 08:15 Singapore by 0.3% to $ 3311.25 per gram. While the Bloomberg index for the dollar was completed after it rose 0.5% on Tuesday. There was also no significant change in the prices of silver, platinum and peladium.