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Gold prices fall as the dollar rises

2022-07-25T06:54:33.050Z


London, SANA- Gold prices fell today, with the rise of the dollar and expectations of a raise by the Federal Reserve (the Federal Reserve Bank).


London-Sana

Gold prices fell today with the dollar's rise and expectations that the Federal Reserve (the US central bank) will raise interest rates.

Reuters reported that gold fell 0.2 percent to $ 1722.84 an ounce, after rising to its highest level in more than a week.

And US gold futures fell 0.5% to $ 1718.70 an ounce.

As for other precious metals, silver fell in spot transactions 0.6 percent to $18.48 an ounce, platinum fell 0.6 percent to $868.62, and palladium fell 1.5 percent to $1999.94.

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Source: sena

All business articles on 2022-07-25

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