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Gold prices fall

2022-08-10T21:08:31.990Z

London, SANA- Gold prices fell today after hard-line comments from Federal Reserve officials dampened hopes



London-Sana

Gold prices fell today after hawkish comments from Federal Reserve officials dampened hopes of easing the pace of monetary tightening by the US Central Bank, following data that showed an easing in inflation pressures.

Reuters reported that spot gold fell 0.20 percent to $1,790.40 an ounce, and US gold futures fell 0.3 percent to $1,806.50 an ounce.

Among other precious metals, silver increased in spot transactions 0.28 percent to $ 20.56 an ounce, while platinum rose 0.7 percent to $ 940.11 and palladium jumped 1.4 percent to $ 2246.10.

Source: sena

All business articles on 2022-08-10

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