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Gold prices rise

2020-08-13T11:27:58.887Z


London - SANA Gold rose today thanks to the dollar's decline, to record more gains after a sharp decline earlier in the day


London - Sana

Gold rose today thanks to the dollar's decline, to record further gains after falling sharply earlier in the week from its highest levels ever.

Reuters reported that gold increased in spot transactions 0.6 percent to 1929.13 dollars an ounce, after falling from the level of 1900 dollars an ounce in volatile transactions.

And prices recorded a record high of 2072.50 dollars an ounce last Friday.

On the other hand, American gold futures contracts fell 0.5 percent to 1938.90 dollars an ounce.

The dollar index fell 0.2 percent against the rest of the currencies, making gold less expensive for holders of other currencies.

For the rest of the precious metals, silver rose 0.8 percent to $ 25.76 an ounce, platinum rose 0.4 percent to $ 934.95 an ounce, and palladium rose 0.5 percent to $ 2140.89 an ounce.

Source: sena

All business articles on 2020-08-13

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