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Gold hits a one-week high as the dollar slips

2022-05-23T18:04:59.871Z


London, SANA- Gold prices rose to the highest level in more than a week, taking advantage of the dollar’s ​​decline, although the


London-Sana

Gold prices rose to the highest level in more than a week, benefiting from the decline in the dollar, although the rise in US Treasury yields limited the gains of the yellow metal.

And gold rose in immediate transactions 6 percent to $ 1856.41 an ounce after the opening of European markets, after prices reached the highest level since May 12, recording $ 1858.21 earlier in the session.

US gold futures also rose 0.7 percent to $1,855.60 an ounce.

Among other precious metals, silver rose 0.1 percent to $21.98 an ounce, platinum rose 1 percent to $965.40, and palladium rose 206 percent to $201580.

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Source: sena

All business articles on 2022-05-23

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