Gold prices stabilized today near their lowest level in two and a half years, with the rise of the dollar and the adoption of a tough stance by major central banks on interest rates to reduce inflation.
Reuters reported that the price of gold witnessed a slight decline in spot transactions by 0.3 percent to $ 1637.85 an ounce, near its lowest level since April 2020.
US gold futures fell 0.6 percent to $1,645.
As for other precious metals, the price of silver in spot transactions fell 1.6 percent to $18.54 an ounce, while the price of platinum rose 0.5 percent to $858.40 and the price of palladium rose 0.9 percent to $2084.79.
Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency