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Gold price hike

2022-05-24T10:36:42.620Z


London, SANA- Gold prices strengthened today, with the US dollar falling to its lowest level in a month for the second session


London-Sana

Gold prices strengthened today, with the US dollar falling to its lowest level in a month for the second consecutive session, making the yellow metal priced in dollars less expensive for buyers abroad.

Reuters reported that gold rose in spot transactions 0.3% to $1858.19 an ounce, after rising to its highest level since the ninth of this month at $1865.29 yesterday.

US gold futures also rose 0.4 percent to $1854.40.

As for other precious metals, silver rose in spot transactions by 0.4 percent to $21.86 an ounce, while platinum fell 0.2 percent to $956.93, while palladium increased 1.4 percent to $2021.28.

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Source: sena

All business articles on 2022-05-24

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