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Gold prices fell as the dollar rose


London, SANA-Gold prices fell today, with the rise of the dollar due to the demand for safe haven in China. Roy reported


Gold prices fell today, as the dollar rose due to the demand for a safe haven in China.

Reuters reported that the spot gold price fell 0.4 percent to $1,748.84 an ounce.

US gold futures fell 0.3 percent to $1,749.60.

The dollar index rose 0.4 percent, making bullion priced in the greenback more expensive for holders of other currencies.

As for other precious metals, silver fell 2.2 percent to $21.12 an ounce, platinum fell 0.5 percent to $975.88, and palladium fell 0.5 percent to $1848.38.

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Source: sena

All business articles on 2022-11-28

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