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Lower gold prices

2020-10-29T18:51:16.601Z


London - SANA Gold prices fell today to their lowest levels in a month, affected by the rise of the dollar and the uncertainty that


London-Sana

Gold prices fell today to their lowest levels in a month, affected by the rise of the dollar and the uncertainty surrounding the agreement for a new stimulus package in the United States.

Reuters reported that gold fell late in the trading session in spot transactions, 0.5 percent, at $ 1867.30 an ounce, after plummeting earlier in the session to $ 1858.92.

And US gold futures fell 0.6 percent to record at the settlement of $ 1868 an ounce.

The dollar index rose 0.7 percent to its highest level in nearly two months against its rivals, which makes gold more expensive for holders of other currencies.

Among other precious metals, silver fell 0.43 percent to $ 23.30 an ounce, while platinum fell 2.13 percent to $ 848.19, and palladium fell 1.95 percent to $ 2,194.

Source: sena

All business articles on 2020-10-29

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