Gold Hits Its Highest Level in Early 2018

Baghdad: Gold prices recorded a strong start in the year 2018 on Tuesday after the yellow metal hit its highest level in more than three months , supported by technical factors after it exceeded the level of $ 1,300 an ounce last week. Gold climbed to 0.5 percent online transactions to $ 1308.31 an ounce (ounce) after scoring the highest level since September 26 at $ 1310.30 earlier Alcilh.ozad gold futures US contracts 0.1 percent to $ 1310.50 for Ooukah.oukal , analysts and traders said gold rose due to technical factors after it closed above the moving average on two hundred and one hundred days over the past two weeks after the psychologically overcome resistance level at $ 1,300 on Friday.

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