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[size=30]Gold makes its third consecutive quarterly gain[/size]
30/03/2018 10:35 | Number of readings:font size:
[rtl]Trend Press / Agencies[/rtl]
[rtl]The price of gold fell on Thursday's trading session, recording weekly losses as global trade and geopolitical concerns eased, but it gained for the third consecutive quarter..[/rtl]
[rtl]The precious metal was negatively affected this week by the gains of the US dollar, which came after the announcement of negotiations between the United States and China, which will reduce the trade tension between the two sides, and find solutions that may end the fears of war trade.[/rtl]
[rtl]Gold futures for June delivery fell 0.2% to settle at $ 1327.30, losing 2.1% this week..[/rtl]
[rtl]On the other hand, gold in March benefited from a marked decline in global equity markets on the back of fears of trade war, as well as investors seeking to acquire safe assets.[/rtl]
[rtl]Gold posted a monthly gain of 0.2% in March, and rose 0.7% in the first quarter of this year.[/rtl]
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