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00:00 So gold has the highest levels in three months and what supports gold is the geopolitical risks in the region and also the weakness that we have seen.
00:11 As for the dollar indicator, we did not exceed the level of 106.
00:16 Gold rises from October, from the beginning of October, specifically from October 6, are about 9%.
00:22 It started with geopolitical risks and the beginning of the war between Israelis and Palestinians. We noticed that we reached the second weekly gain in terms of gold.
00:33 Despite the fact that the US federal president in his speech in New York pointed out that he still sees that interest has not reached the peak yet.
00:42 There is still room for more interest rates and that the monetary policy should be more intense.
00:48 But the market is not convinced of this, especially if we look at the investors' expectations that the federal government has the possibility of raising interest rates again before the end of the year.
00:59 It is only 22% and to the December meeting, not to the November meeting.
01:04 Military escalation in the Gaza war is a key issue for gold.
01:09 Some analysts pointed out that we are in an area where gold purchases are exaggerated and that the continuation and sustainability of these gains in terms of gold depends on what happens from this point in terms of the war between Israelis and Palestinians.
01:24 So gold is one of the origins and the commodity that is considered to be the most beneficial of the geopolitical risks in the region.