London-Sana
Gold prices fell today with the dollar's rise in light of expectations that prices may retest the resilience of the yellow metal in the near term at the key level of 2000 dollars an ounce.
And Reuters reported that gold fell in spot transactions 0.2 percent to $1975.36 an ounce, and US gold futures fell 0.4 percent to 1978.40.
The dollar climbed to its highest level since April of 2020, as investors prepared for the Federal Reserve to raise interest rates by half a percentage point, while seeking to rein in high inflation.
As for other precious metals, silver fell in spot transactions 0.3 percent to $25.76 an ounce, while platinum rose 0.4 percent to $1014.10 and palladium fell 0.4 percent to $2430.10.
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