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Unstable political and economic conditions may increase long-term gold gains

حنين الحياة




A trading session on Thursday saw the stability of world gold prices at their highest levels this week amid some political turmoil between the United Kingdom and Russia, which has aroused concern over the outbreak of a global trade war.

World gold prices during the immediate transactions amounted to about $1325.06 for an ounce, and for the US futures contract it became at $1325.20 for an ounce without significant change.

Last Wednesday saw the escalation of political unrest between Britain and Russia, following the Russian Foreign Ministry's statement that it action will be taken against the decision of the Government of the United Kingdom to expel some 23 Russian diplomats against the backdrop of the targeting of a former double-hatminion in the territories The British.

Meanwhile, world silver prices climbed 0.3 percent to 16.54 dollars a ounce, and the price of platinum crude rose by 0.2 percent to reach $960.30 for ounce, in addition, palladium registered a 0.2% rise to $989.3 for ounce.

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