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For the third consecutive session, gold continues to record highs in the middle of trading in the European period for today\u2019s session, Tuesday, January 10, trading at its highest level in six months, up by about 0.20%, trading at $1875 an ounce, benefiting from the declines of the US dollar and its stability at its lowest levels since last June amid<\/span><\/span> Stay tuned for the US Federal Reserve Chairman’s remarks in today’s American session.<\/span><\/span><\/p>\n And the statements of the members of the US Federal Reserve stopped the strong upward momentum of gold since the beginning of the week, as the US Federal Reserve President in San Francisco and the Federal Reserve Chairman in Atlanta indicated that interest levels are expected to reach 5% during the year, which raised the market’s expectations again for the peak level of interest rates.<\/span><\/span><\/p>\n Today, the markets are awaiting the statements of the US Federal Reserve Chairman in Stockholm, and investors will try to monitor any signals by Jerome Powell about the expected peak in interest rates before the inflation numbers that will be issued on Thursday.<\/span><\/span><\/p>\n In a related development, the report of the World Gold Council showed that the funds traded in the gold exchange witnessed external inflows of $3 billion in the past year, as demand for the yellow metal increased in the first four months of the year with the rise in geopolitical risks, before it declined with the continuous rise in interest rates, as they declined.<\/span><\/span><\/p>\n Global holdings increased by 4 metric tons in the last eight months.<\/span><\/span><\/p>\n Silver is trading at levels of $23.53 an ounce, down by about 0.40%, after it tested levels of 24.07 in the Asian session on Monday.<\/span><\/span><\/p>\n Platinum is trading at $1,076, down by 0.23%, while palladium is up by 0.44%, trading at $1,782.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" For the third consecutive session, gold continues to record highs in the middle of trading in the European period for today\u2019s session, Tuesday, January 10, trading at its highest level in six months, up by about 0.20%, trading at $1875 an ounce, benefiting from the declines of the US dollar and its stability at its […]<\/p>\n","protected":false},"author":1,"featured_media":4447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-5788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jet-metals-markets"],"acf":[],"yoast_head":"\n