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Gold price hike

2022-11-08T22:20:26.785Z


London, SANA- Gold prices jumped more than 2% today, supported by the decline in the dollar, and bond yields, with an improvement in


London-Sana

Gold prices jumped today more than two percent, supported by the decline in the dollar, and bond yields, with the expectation of US inflation data due later in the week.

Reuters reported that gold rose in spot transactions by 2.4 percent to $ 1714.32 an ounce, and US gold futures increased by 2.1 percent at settlement to $ 1716.

As for other precious metals, silver rose about three percent to $21.39 an ounce, its highest level since late June.

Platinum gained 2.1 percent to $999.13, and palladium rose 1.7 percent to $1928.63 an ounce.

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Source: sena

All business articles on 2022-11-08

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