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Gold is moving in a narrow range

2022-03-24T08:41:03.546Z


London, SANA- Gold prices moved in a narrow trading range today, with the markets awaiting the developments of the Ukrainian crisis, and a statement


London-Sana

Gold prices moved in a narrow trading range today, with the markets awaiting the developments of the Ukrainian crisis and US inflation data that may provide new indications on the monetary policy situation of the US Central Bank.

Reuters reported that gold fell in spot transactions 0.2 percent to 93.1939 dollars an ounce, and US gold futures fell 0.2 percent to 1941.10 dollars an ounce.

Gold prices approached record highs this month and then witnessed a steady decline ahead of an important meeting of the US central bank's monetary policy committee last week and have since moved in a more stable range.

As for other precious metals, silver fell in spot transactions 0.3 percent to $ 24.99 an ounce, platinum fell 0.6 percent to $1013.57 an ounce, and palladium increased 0.6 percent to $ 2527.17 an ounce.

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Source: sena

All business articles on 2022-03-24

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