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Gold prices fall


London, SANA- Gold prices fell today after concerns about raising interest rates outweighed the dollar’s ​​decline. Roy reported


Gold prices fell today after concerns about an interest rate hike outweighed the dollar's decline.

Reuters reported that the price of gold fell in spot transactions by 0.1 percent to $ 1864.40 an ounce.

And US gold futures fell 0.2 percent to $ 1866.00.

As for other precious metals, silver settled in spot transactions at $25.05 an ounce, as the Silver Institute said in a report that global demand for it may exceed one billion ounces for the first time since 2015 this year.

Platinum witnessed little change, recording 1057.20 dollars, while palladium fell one percent to 2166.95 dollars.

Source: sena

All business articles on 2021-11-18

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