Gold prices fell today, with the rise of the dollar and US Treasury bond yields to the highest levels in several years, after hawkish statements from US central bank officials, which reinforced expectations of a sharp interest rate hike.
Reuters reported that the price of gold fell in spot transactions 0.3 percent to $ 1624.12 an ounce, close to the lowest level in two and a half years of $ 1620.20, which it touched earlier in the week.
US gold futures fell 0.3 percent to $1,631.60.
As for other precious metals, silver fell in spot transactions to its lowest level in three weeks, and recorded in the latest trading, a decline of 1.4 percent to $ 18.17 an ounce.
Platinum fell 0.7 percent to $842.52 after hitting its lowest level since September 5, and palladium fell 1.2 percent to $2061.31.
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