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Gold prices rise

2020-11-22T02:29:14.885Z

London-SANA Gold rose today after US Treasury Secretary Stephen Mnuchin indicated that the negotiations for EGX



London - Sana

Gold rose today after US Treasury Secretary Stephen Mnuchin indicated that negotiations on stimulus measures will continue, which supported the demand for the metal as a hedge against possible inflation.

According to Reuters, gold increased in spot transactions "0.3" percent to "1872.95" dollars an ounce, but it fell "0.8" percent on a weekly basis.

And the settlement of the US gold futures contract was increased by "0.7" percent to "1872.40" dollars.

As for the rest of the precious metals, silver rose 0.8 percent to 24.27 dollars an ounce, platinum fell 0.2 percent to 949 93 dollars, while palladium settled at 2325.60 dollars.

Source: sena

All business articles on 2020-11-22

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