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Gold prices drop

2022-06-17T08:03:56.731Z


London, SANA- The price of gold fell today due to the impact of the dollar’s ​​rise and US Treasury bond yields on demand


London-Sana

The price of gold fell today due to the impact of the dollar's rise and US Treasury yields on the demand for the precious metal.

And Reuters reported that gold fell in spot transactions 0.6 percent to $ 1846.33 an ounce, and US gold futures fell 0.1 percent to $ 1849.

Gold lost about 1.3 percent in volatile trading during the week, after starting it near the peak of a month, before falling to its lowest level in four weeks last Tuesday.

Global stocks are heading for the worst week since the markets collapsed at the start of the pandemic in March 2020.

As for other precious metals, silver fell 0.3 percent to $21.87 an ounce, and platinum fell 0.2 percent to $948.50, while palladium rose 1.8 percent to $1912.69.

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Source: sena

All business articles on 2022-06-17

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