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Gold prices rise

2021-05-05T21:34:27.925Z

London-Sana Gold prices rose today, with the increase in demand, which supported the decline of the dollar. Reuters reported that the price of gold has increased



London-Sana

Gold prices rose today as appetite strengthened to support the dollar's decline.

Reuters reported that the price of gold rose in spot transactions by 0.2 percent to 1,781 dollars an ounce.

And US gold futures rose 0.3 percent to $ 1781.50.

The dollar index fell 0.1 percent against other major currencies, after rising to a peak of nearly two weeks in the previous session.

As for other precious metals, palladium increased 0.6 percent to $ 3,000.46 an ounce, after reaching an all-time high of $ 3017.18 in the previous session, supported by fears of a lack of metal supplies.

Silver stabilized at $ 26.52, while platinum fell 0.1 percent to $ 1236.04, up from the peak of more than two months that it touched yesterday.

Source: sena

All business articles on 2021-05-05

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