2023-05-09 18:56:00
Gold prices rose at the settlement of transactions, today, Tuesday, with the assessment of the course of monetary policy for the United States in light of the uncertainty of the future vision.
Today, US President “Joe Biden” is meeting with senior congressional leaders to discuss the debt ceiling crisis that has led to increased uncertainty in the markets, as the political stalemate over raising the debt limit dominated the scene, with a dangerous approach to the debt default scenario.
The Fed’s survey showed that local banks are tightening lending standards to both households and businesses, which might pose a threat to economic growth.
Global markets are awaiting the release of US inflation data this week, with CPI growth expected to stabilize at 5%.
Upon settlement, June delivery rose 0.5%, or $9.7, to $2,042.9 an ounce.
It also rose, which measures the performance of the US currency once morest a basket of six major currencies, by 0.3%, at 101.65 points.
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