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Gold price hike

2021-08-23T09:08:15.108Z


London, SANA- Gold prices rose today after the dollar retreated from a multi-month peak and the Delta strain threatened the recovery of the markets


London- Sana

Gold prices rose today after the dollar retreated from a multi-month peak and the delta strain threatened the recovery of the economy.

And Reuters reported that gold rose in the spot market 0.2 percent to 1785 dollars an ounce, while it increased in futures trading in the United States 0.2 percent also to 1786.50 dollars.

The dollar index fell 0.1 percent, retreating from its highest level in nine and a half months, which was recorded last week, to increase the attractiveness of gold to holders of other currencies.

As for other precious metals, silver increased one percent to $23.23 an ounce, and platinum rose 1.5 percent to $1010.53.

Palladium rose 1.6 percent to $2311.32, recovering from its lowest level in five months, which it recorded earlier.

Source: sena

All business articles on 2021-08-23

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