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The stability of gold prices in world markets

2019-10-28T09:31:42.975Z


LONDON (Reuters) - Gold prices stabilized on world markets on Thursday after jumping nearly 1 percent in the previous session


London-Sana

The price of gold in global markets stabilized today after jumping by about one percent in the previous session.

The price of gold settled in the spot trading at $ 1504.42 an ounce, while in the US futures rose by 0.1 percent to 1506.70 dollars an ounce.

Silver also rose 0.2 percent to $ 18.05 an ounce, platinum settled at $ 925.92 an ounce, while palladium rose 0.8 percent to $ 1,777.65 an ounce.

Meanwhile, investors are awaiting the US Federal Reserve's interest rate decision due later in the week as progress in US-China trade talks curbs demand for safe haven assets.

The dollar index, which tracks the performance of the greenback against a basket of six major currencies, rose slightly today after rising nearly 0.6 percent last week.

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Source: sena

All business articles on 2019-10-28

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