The Limited Times

Now you can see non-English news...

Gold prices rise as dollar and bond yields fall

2022-11-01T08:00:03.651Z


London, SANA- Gold prices rose today, with the decline of the US dollar and bond yields, despite the prevailing caution among the...


London-Sana

Gold prices rose today with the decline of the US dollar and bond yields, despite the prevailing caution among investors as markets awaited expectations regarding the policies that will be issued during the Federal Reserve's meeting, which begins later today and will continue for two days.

And Reuters reported that gold rose in spot trade by 0.5% to $1,641.43 an ounce.

US gold futures rose 0.1 percent to $1,642.20 an ounce.

The dollar index fell 0.4 percent, which strengthened the attractiveness of gold to buyers outside the United States, while the yields of the benchmark 10-year Treasury bonds also fell.

As for other precious metals, silver rose in spot trading by 1.9 percent to $19.50 an ounce, platinum rose 0.8 percent to $932.99, and palladium rose 1.3 percent to $1,865.40.

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All business articles on 2022-11-01

You may like

News/Politics 2024-04-05T05:47:59.302Z
News/Politics 2024-04-12T15:21:19.998Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.