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The yellow metal settles above the levels of 1,800 dollars an ounce before the US inflation data
image 13 July، 2021
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Gold records gains at the beginning of the trading session of the European session today, Tuesday, July 13, with 0.30% and is trading at levels of $ 1811 an ounce, after declines for the metal at the beginning of the week yesterday, Monday, and its test of levels of $ 1790 an ounce, amid anticipation in the markets for US inflation data that will be issued in the American session today is Tuesday .

The markets are awaiting the inflation data represented in the US consumer price index for the month of jun, where expectations indicate that inflation will rise to 0.5% and rise by 4.9% at an annual pace.

The yellow metal benefits from being one of the most important safe havens in the markets, amid rising concerns about the high frequency of the outbreak of the new strain of the Corona virus (Delta) around the world and its threat to the pace of global economic recovery.

The index, which measures the performance of the dollar against a basket of currencies (Dollar Index), rose by about 0.12% this morning, and is trading at 92.31 levels.

Silver is trading at $26.28 per ounce, up by 0.40%, while platinum is trading at 0.27% at $1.120. In turn, palladium is trading at levels of $2.848, down by 0.28%.

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