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Gold swings, affected by the rise of the dollar

2022-05-12T09:25:20.663Z


London, SANA- Gold witnessed price fluctuations today, with the dollar rising to its highest level in 20 years to balance support


London-Sana

Gold witnessed price fluctuations today, with the dollar rising to its highest level in 20 years, balancing the support for the precious metal from the decline in US bond yields.

And Reuters news agency reported that gold rose in spot transactions 0.1 percent to 1853.31 dollars an ounce.

And US gold futures fell 0.1 percent to $ 1851.70 an ounce.

As for other precious metals, silver fell in spot transactions by 0.7 percent to $21.40 an ounce, platinum fell 0.1 percent to $990.89 an ounce, and palladium rose 0.5 percent to $2046 an ounce.

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Source: sena

All business articles on 2022-05-12

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