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Gold price stability for three weeks

2022-08-01T11:41:08.262Z


London - SANA- Gold prices stabilized near their highest level in three weeks today, supported by the weakness of the dollar, with anticipation of...


London- Sana

Gold prices stabilized near their highest level in three weeks today, supported by the weakness of the dollar, as investors awaited more economic data that may determine the future pace of interest rate hikes.

Reuters reported that gold did not witness little change in spot transactions and settled at 1756.77 dollars an ounce, and US gold futures settled at 1782.50 dollars.

As for other precious metals, silver did not witness little change in spot transactions and settled at $20.26 an ounce, while platinum rose 0.9 percent to $904.83 and palladium jumped 1.6 percent to $2162.89.

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Source: sena

All business articles on 2022-08-01

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