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Gold rises with the decline of the dollar

2020-09-25T11:08:37.206Z


London-Sana Gold prices rose today as the dollar fell and hopes for more stimulus measures returned in the first


London - Sana

Gold prices rose today as the dollar weakened and hopes for more stimulus measures in the United States re-emerged.

Reuters reported that gold rose in spot transactions 0.3 percent to $ 1873.83 an ounce, but prices remained low by about 4 percent for the week as they were pressured by the rise in the dollar in general, while US gold futures contracts increased 0.1 percent to $ 1879.20.

As for other precious metals, silver rose 0.1 percent to $ 23.32 an ounce, and platinum rose 1 percent to $ 856.93.

And the two metals are on the path of recording the worst week since mid-March, while palladium gained 0,4 percent to $ 2235,55 an ounce.

Source: sena

All business articles on 2020-09-25

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