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Gold prices rise

2021-02-22T09:07:33.033Z


London-Sana Gold prices rose today after reaching its lowest level in more than seven months in the previous session


London - Sana

Gold prices rose today after reaching its lowest level in more than seven months in the previous session as the support from the dollar's weakness overshadowed the pressure from the rise in Treasury yields.

Reuters reported that gold rose in spot transactions by 0.5 percent to 1,791.50 dollars an ounce, after touching its lowest level since the second of July at 1759.29 dollars on Friday.

And US gold futures won 0.6 percent to $ 1787.70.

As for other precious metals, silver gained 0.6 percent to $ 27.38 an ounce, while platinum rose 0.2 percent to $ 1276.92.

Palladium rose 1 percent to $ 2,403.08, after earlier hitting its highest level in more than a month at $ 2,431.50.

Source: sena

All business articles on 2021-02-22

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