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Gold prices rise as the dollar falls

2022-07-18T09:52:07.273Z


London, SANA- Gold prices rose today, with the dollar’s ​​decline, while investors retreated from expectations that the Board of Directors would raise


London-Sana

Gold prices rose today with the dollar's decline, while investors retreated from expectations that the US Federal Reserve will raise interest rates by 100 basis points at its next meeting.

Reuters reported that the price of gold in spot transactions increased by 0.7 percent to $1719.49 an ounce, after falling to its lowest level in nearly a year last week.

US gold futures rose 0.6 percent to $1714.30.

With regard to other precious metals, silver rose 1.1 percent to $18.89 an ounce, platinum rose 1.4 percent to $862.69 an ounce, the price of palladium jumped 2.5 percent to 1875.12 an ounce, and the price of palladium jumped 2.5 percent to 1875.12.

Source: sena

All business articles on 2022-07-18

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