The world gold top two weeks when the dollar is weak

The future contract gold head to improve the highest level closed on Wednesday of the 2.5 weeks when MarketWatch decreased $news.

The U.S. stock market at the left, past contributions, increase the attraction of precious metals, these fears may occur between war and trade tension between North Korea and South Korea seems to have subsided.

Third days of the end of the transaction, the contract in April Dr. Kim $15.30 (US $1.2%) $1335.20 / ounce, down from the highest level of 02 / 16 August 2018.

If at the same time in third days, the contract with gold to pay 1.19% to 1335.66 U.S. dollars/ounce.

Naeem Aslam Manager: "the analysis of market definition in thin markets, remove the support of the weak dollar gold. The dollar's decline is due to fears of a global trade war. President Donald Kapsi faced huge political pressure to reduce their positions, announced the commercial tax pressure. If a North American Free Trade Agreement (NAFTA) signed a new and become a reality, you can change your mind trump on orders made tax."

In third days, the dollar index ($$(the US) $six - a measure of development, more than 0.6% other major currencies - back. Know, weak positive influence on the dollar price of gold, this is the anchor in the blue and silver, in particular, the commodity is more attractive for investment money.

Before the contract has entered the golden week, the threat of Global trade war, President Donald Trump plans to import taxes on goods of steel, aluminum, and revenge from different countries, the weak dollar securities. Silver blue bottom subsidence compared to 16 months of yen (JPY) market on weekend relationship to support the safe haven assets trade in precious metals.

However, the global market transactions, the display may occur within third days of that trade war has been reduced.

In addition, the South Korean presidential office said that North Korea will be the two summit of the organization for the first time in the field more than ten years of the end of April.

In all the metal on the floor of Comex contract for delivery in May silver, spanning 37.2 pence ($2.3%) to $16.784 / ounce. The contract will be 1% in May and $3.159 per pound of copper.

The contract in April 0.9% platinum, at $970.60 / ounce. Contract in June 0.1% palladium in inbred 978.30 U.S. dollars / ounce.

The opening of trading in third days, a total of SPDR gold trust certificate and certificate of 1.1% iShares increase 2% silver trust fund.