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Gold has entered a declining cycle in the world
Tuesday, August 3, 2021 Visit : 22

 

Gold has entered a declining cycle in the world

 

The price of gold in world markets has fallen by $ 5 in the last 24 hours, and this happened while analysts predict that the price of gold will increase in the coming weeks.

 

According to the online news agency, gold has fallen in price by more than $ 5 in the last 24 hours, and each ounce of it has reached the price of $ 1,808.23; It is worth mentioning that the study of gold price trend in the last month shows an increase of 1.23 percent or 22 dollars and 36 cents, but in the last 6 months, the price of gold in the world markets has been on a downward trend and every ounce of It has fallen by $ 20.48, or 1.12 percent, in global markets, and a one-year look at gold prices in global markets shows a drop of $ 159 and 14 cents during this period.

 

 

The US dollar index is also not in good shape these days, and given the widespread outbreak of the Corona delta virus, forecasts suggest that the US Federal Reserve will not stop funding in the coming months; The recent decline in the US dollar index has led to a positive performance of gold compared to last month.

    Ahan pouya

    Ahan pouya

    Ahan Pouya with more than a decade of best-selling experience, adheres to professional and ethical principles in the field of selling and buying at inside and outside the borders of Iran, helping you in the steel industry.

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