London-Sana
Gold prices fell today, with the dollar rising to its highest level in more than two years, to pressure the demand for the precious metal, which is denominated in the US currency.
Reuters reported that the price of gold fell in spot transactions 0.6 percent to $ 1893.70 an ounce.
US gold futures fell 0.3 percent to $1898.60 an ounce.
Most of the Asian stock indices declined as growing concerns about the global economy prompted investors to dump riskier assets and resort to safe havens such as the US dollar and government bonds.
In spot transactions, silver fell 0.2 percent to $23.43 an ounce, platinum lost 1.3 percent to $920.23, and palladium fell 0.1 percent to $2183.36.
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