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Shrinking higher gold during the Asian session with the continuing tensions

Economies.com
2016-06-24 01:41 UTC

Gold prices witnessed a rise during the Asian session on Friday , before the rise shrink in light of the continued volatility and uncertainty in the financial markets with continued screening in the British constituencies results.

 

 

Gold prices are currently trading at $ 1267.9 per ounce, after recording the lowest level at $ 1264.1 per ounce and today's session was opened at $ 1267.4 per ounce, recording the highest at $ 1285.5 per ounce. While gold prices have fallen yesterday to its lowest level in two weeks at $ 1254.5 per ounce.

 

 

Higher gold prices during the trading day comes amid an attempt to correct positively after falling yesterday to its lowest level in two weeks, with the markets waiting for the results of the UK referendum to get out of the European Union today.

 

 

This, and the dollar returned to rise against major currencies in today's trading with the decline in the levels of major currencies, because of the tensions and fear of Britain get out of the European Union and the negative impact on it.

 

 

The dollar index, which tracks the dollar's performance against a basket of major currencies, is currently trading at the level of 94.14 after it opened today's session at the level of 93.72, while the lowest level has been recorded at 93.70 after recording the highest at 94.87 comes after the dollar index fell yesterday to its lowest a seven-week low of 92.99.

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