Despite its rise by about 0.12% in the middle of today’s trading session, the yellow metal is trading below the levels of 1800 dollars per ounce, which it lost during the trading session yesterday, Tuesday, after losing more than 1.5% during the session, affected by the rise in the US dollar and US bond yields during the session, coinciding with the absence of influential economic indicators On the market movements, the yellow metal is trying to recover the levels of 1800 dollars this morning, to test the levels of 1798 dollars just moments ago, and it is now trading at 1796 dollars per ounce, up by 0.12%, while silver is trading at 24.13 dollars per ounce, up by 0.05%.

This decline in the yellow metal coincides with rising market expectations that the US Federal Reserve will begin to reduce its purchases of bonds in the last quarter of this year, as St. Louis Federal Reserve Chairman James Bullard stressed this Wednesday morning in his statements to the Financial Times that the US Federal Reserve must He is moving forward with the plan to reduce the asset purchases program, which amounts to 120 billion dollars per month, and Pollard expects that the gradual decrease in the program will continue, starting from this year and ending by the first half of next year. The inverse relationship between the yellow metal and the US dollar.

The US ten-year bond yields are trading down in the middle of today’s session, Wednesday, by about 1.25 at 1.355 levels, after testing the highest level since mid-July at 1.385 during Tuesday’s session.

Platinum is trading at levels of $998, an increase of about 0.01%, while palladium is losing about 0.45%, trading at levels of $2.362 thousand.