Gold loses during today’s session, Wednesday, the ninth of March, in the middle of the European session and before the opening of the American markets, about 2.15%, and is trading at levels of $ 2008 per ounce, to lose more than $ 55 compared to the highest level recorded by the yellow metal during yesterday’s trading at $ 2069 per ounce, which it is testing for the time The first since August 2020, where assets and safe havens are affected, with the optimism experienced by the markets today, hours before the important diplomatic meeting between Russia and Ukraine.

The foreign ministers of Russia and Ukraine are expected to meet in Turkey tomorrow, Thursday, where the markets are looking optimistically this time, given the change in Ukraine’s opinion after President Zelensky’s statements that he is no longer pressing for NATO membership, which Russia considered one of the most important reasons for its war on Ukraine.

Calm returns to global markets today, after it was ignited in the American session yesterday, Tuesday, after the White House announced a ban on all US imports from Russia of oil, gas and energy, which raised the volatility of financial markets and pushed the assets and currencies of safe havens and industrial metal prices to record levels Where any rise in crude prices directly affects the rise in fuel prices and thus the rise in global inflation.

Silver is losing about 1.28% and is trading at levels of $26.05 an ounce, after testing levels of $26.88 on Tuesday, the highest level for the metal since June 2021.

Platinum is down by about 3.67%, when it is trading at $1.111 levels, while palladium is trading at $3.022 down by 5%.