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Gold price stability


London, SANA- Gold prices stabilized today, as the possibility of the US Central Bank raising interest rates was dispelled


Gold prices stabilized today as the prospect of the US central bank raising interest rates next year eroded the support provided by the weak dollar.

Reuters reported that gold settled in spot transactions at $ 1791.56 an ounce, and US gold futures contracts increased 0.1 percent, recording $ 1802.50.

As for other precious metals, silver fell 0.4 percent to $23.12 an ounce, while platinum fell 0.2 percent to $989.52, while palladium rose 0.7 percent to $1,725.38.

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Source: sena

All business articles on 2022-12-19

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