FLASH
Shkruar nga Pamfleti
The price of gold fell sharply in international markets, under pressure from a strengthening US dollar and concerns about higher interest rates, as the war in the Middle East entered its second week and oil prices approached the $120 per barrel level.
The precious metal fell as much as 3% to around $5,015 an ounce, after its first weekly decline in more than a month, before recovering some of its losses. Meanwhile, major oil and gas producers in the Persian Gulf cut output, while the conflict between the US, Israel and Iran showed no signs of easing. At the same time, the dollar strengthened against all major currencies, while an index of the US currency rose as much as 0.7%.
The decline in gold “reflects inflationary pressures that are supporting the strengthening of the dollar,” said Hebei Chen, an analyst at Vantage Markets in Melbourne. According to him, when the price of oil exceeds $100 a barrel, a chain reaction is created: energy costs rise, inflation expectations increase, the dollar strengthens and gold weakens.
Gold's upward trajectory has been temporarily halted as the conflict in the Middle East continues, with the precious metal remaining under pressure from a stronger dollar and uncertainties over interest rate policy.
Gjithe lufta per naften behet,per arin,per budallallekun e CA te cmendurve qe duan lufte dhe marrin ne qafe gjithe boten!ata Jane rehat ne vilat e ne bunkeret e tyre Kur ka rrezik,kurse djemte e nenave,ushtaret,vdesin poshte e lart!Po ashtu edhe populli I pafajshem,qe ishalla shuhen te gjithe ata qe duan lufte!