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Gold price hike

2021-09-14T19:29:05.187Z

London, SANA- Gold prices rose to the highest level in a week today, with the dollar declining after it led to a slower increase than the price



London-Sana

Gold prices rose to a one-week high today as the dollar weakened after a slower-than-expected rise in US inflation led to uncertainty over the timeframe for the Federal Reserve to scale back monetary stimulus.

Reuters reported that the price of gold in spot transactions rose 0.6 percent to $1804.30 per ounce, and US gold futures contracts rose 0.7 percent to settle at $1807.10.

Palladium fell 5.12 percent to $1980.30, its lowest level since July 2020, while platinum fell 1.7 percent to $944.66, and silver rose 0.57 percent to $23.85.

Source: sena

All business articles on 2021-09-14

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