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Gold prices rise

2020-09-21T07:29:05.059Z


London-Sana Gold prices rose today, supported by the weak dollar. According to Reuters, the price of gold rose in the spot market


London - Sana

Gold prices rose today, supported by the weak dollar.

According to Reuters, the price of gold on the spot market rose 0.2 percent to 1952.59 dollars an ounce.

In US futures, the price of gold fell 0.1 percent to 1959.40 dollars an ounce.

The US dollar index fell 0.2 percent, increasing the temptation to buy gold for holders of other currencies.

Gold has risen nearly 29 percent this year as governments around the world and central banks launched unprecedented stimulus measures to revitalize their economies hit by the Coronavirus.

In terms of other precious metals, silver rose 0.1 percent to $ 26.79 an ounce, platinum rose 0.9 percent to $ 936.27, and palladium 1.2 percent to $ 2384.6 an ounce.

Source: sena

All business articles on 2020-09-21

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