Gold continues to record gains for the second consecutive session, in the middle of today’s trading session, Thursday, July 29 (July), by trading at 0.67% and trading at $1.818 an ounce, benefiting from the declines of the US dollar, which is losing more than 0.20% during today’s trading session, due to the inverse relationship between the US dollar and gold.

The Federal Reserve had kept its monetary policy unchanged at its meeting on Wednesday, July 28, and to keep interest rates at current levels of 0.25%, and the bank decided to maintain its purchases of Treasury bonds by $80 billion per month and its purchases of mortgage-backed securities. Real estate at $40 billion per month.

On the other hand, the World Gold Council announced in its monthly report issued this morning, Thursday, that global demand for gold rose in the second quarter of this year to its highest level in a year after central banks and investors increased their purchases to 955.1 tons, bringing the total demand in the first half of the year. The current is 1833.1 tons.

Silver, in turn, is trading at an increase of about 1.82% at levels of $25.39 an ounce, it highest level in two weeks.

Palladium is trading at levels of $2.646, an increase of about 0.77%, while platinum is trading at levels of $1.075, an increase of about 1.03%.

Aluminum continues to trade at its highest level in three years at levels of $2.555 per ton, up about 26% since the beginning of the year, supported by strong demand and production cuts in China due to energy problems.