The market goes down as US dollar increases prices. Dollar Index - measure US$6 power with 6 major currency - increases 0.9% to the highest per month. "The US Government's interest in dollars increases dramatically, so does the U.S. government bond interest. These are major barriers with gold and silver", Ross Norman - independent analyst said on *Reuters.

Get out! The world's gold prices are steep in the 3/3 series. The graph: Kitco

  • The world's gold was steep in the 3/3 series. Plot: Kitco*

The price of money delivered in the world was similar. After down by 79 dollars a nightly ounce of 3/3, the price narrows the momentum, the session pin at 82. Currently, every ounce of silver trade around 83 dollars.

The strong dollar makes the gold less attractive, due to the precious metal with the buyer with other currency. In the meantime, increased U.S. government bonds interest poor gold due to not paying interest.

The other reason the price goes down is that investors place bets on the U.S. Federal Reserve (Fed) maintaining interest rates at the current rate in longer duration to track inflation.

The war caused the energy prices to accelerate, at risk of blowing inflation. Since February 27, the world's oil prices have increased almost 15%. In a single series of 3/3, Brent oil added 4.7% to $81 a barrel. This is the highest since 19025.

According to the CME FedWatch rate tracking tool, the Fed's probability of keeping interest at the June meeting 60%, rising from 45% before the conflict.

** On the U.S. stock market**, key indicators are also in decline. DJIA at one point lost more than 1,000 points, equivalent to 2.1%. S&P 500 and Nasdaq Compensation also at one point almost 2%. However, the session pin, the reduction of all 3 indicators is nearly 1%.

Wall Street goes down when investors are concerned about conflict in the Middle East being longer than expected. The war in the area had moved on the fourth day as well as spread to many countries. US President Donald Trump said the conflict could last more than a month.

Local Thu * (in Reuters, Kitcoweg