Golden future contracts rise, although they remain much lower a week as they enhance the precious metal.
Futures rise 0.4 % at $ 3,301.10 an ounce, but it is 2.8 % less per week. City analysts say in a note that gold prices are under the supervision of the second half of June to cancel the escalation in the Middle East and improved global growth expectations, despite the weakest American treasury rates and the treasury.
Analysts wrote that the deficit in the gold market should reach its peak in the third quarter of 2025 and mainly weaken, driven by the low demand for investment. The US Bank says that the expected success of the “major and beautiful bill” owned by President Trump and the upcoming trade with the main partners should help reduce growth concerns in the United States and affect the demand for gold.
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