The yellow metal is settling at the beginning of the European trading session for today, Tuesday, August 31, at the highest levels of $ 1800 for the third session in a row, with gains of about 0.28%, and trading at levels of $ 1815 an ounce, to regain its losses recorded in the opening session of the week yesterday, Monday, and maintaining the 200-day average Taking advantage of the US dollar’s declines since the beginning of the session today.

The general index of the US dollar loses about 0.20% at the beginning of the European session and trading at levels of 92.47 amid the absence of economic data affecting the movements of the currency markets and anticipation of the data of the American labor market that will be issued at the end of the week, which will play an important role in determining the Federal Reserve’s decision to reduce bond purchases in the period The upcoming events, especially after Powell’s statements at the end of last week on the sidelines of the Jackson Hole Forum at the end of last week, in which he ignored any date to start the process of reducing asset purchases amounting to 120 billion dollars per month from the US Federal Reserve.

In turn, silver is trading at an increase of about 0.37%, trading at levels of $24.15 an ounce, its highest level in two weeks.

Palladium is trading at levels of $2.494, an increase of about 0.05%, while platinum is rising by about 0.44%, when it is trading at levels of $1.010.

In a related context, aluminum continues to trade at its highest level in 10 years this morning, trading at levels of $ 2.687 per ton, an increase of about 2.57%, the highest level since May 2011, and is heading to record gains for the seventh month in a row, taking advantage of fears of scarce supply of the metal in the largest Aluminum producer in the world (China) with production restrictions.

On the other hand, nickel rises by about 0.24%, trading at levels of 18,914 thousand dollars per ton, benefiting from the decline in stocks, while copper rises by about 1.17%, trading at levels of 9,423 thousand dollars per ton.