Business

Gold is supported despite dollar fluctuations

Amman Today

publish date 2026-02-17 12:28:00

Sarrah News – The head of the Syndicate of Jewelery Shop Owners confirmed I won publicly The movement of gold is inversely related to the strength of the US dollar, indicating that expectations of lowering interest rates are putting pressure on bond yields, but inflation data in… US It still complicates any quick decision in this direction.

He explained that the trade policies and fees approved by the US President Donald Trump It contributed to influencing the strength of the dollar, in conjunction with anticipation of changes in the leadership of the Federal Reserve that may push towards further monetary easing.

Allan stated that gold moves according to political and economic developments, with temporary corrections occurring, but global demand remains strong, especially from sovereign banks, pointing out the continued… China In enhancing its purchases.

He pointed out that these data support gold remaining at high levels, with limited fluctuations compared to the recent rising wave.

#Gold #supported #dollar #fluctuations

Jordan Business

Source 1 : https://www.sarahanews.net/1295598-نقيب-المجوهرات-الذهب-مدعوم-رغم-تقلبات/

Source 2 : ألدستور

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button