London-Sana
Gold prices fell today amid investor reluctance amid mixed messages from the US Federal Reserve regarding monetary policy tightening, but the dollar's weakness limited gold's losses.
And Reuters news agency reported that gold fell in spot trading by 0.1 percent to 1778.26 dollars an ounce.. US gold futures rose 0.1 percent to 1779.10 dollars.
“Gold is going through a period of crisis in confidence and is struggling to get back to the $1800 level,” said Ole Hansen, analyst at Saxo Bank.
Gold's losses were limited today by a 0.1 percent drop in the dollar index against six major currencies.
As for other precious metals, there was little change in silver at 26.07 dollars an ounce, and platinum fell 0.6 percent to 1104.46 dollars, while palladium increased 0.2 percent to 2641.93 dollars.
