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Gold prices fell


London, SANA- Gold prices fell today with the rise of the dollar, after data showed high inflation in the United States


Gold prices fell today, with the rise of the dollar, after data showed that inflation rose in the United States last month, at the slowest pace since late 2021, which increased investor concerns about the continued tightening of monetary policy by the US central bank.

Reuters reported that gold prices fell in the spot market by 0.5 percent to 1845.96 dollars an ounce, after it plunged yesterday to its lowest level since early January.

And gold futures contracts in the United States lost 0.5 percent, to $ 1856.60.

Silver prices in the spot market fell 0.5 percent to $ 21.74 an ounce, platinum lost 0.4 percent, recording $ 927.06, and palladium fell 0.2 percent to $ 1493.76, after hitting its lowest level since August 2019 in the last session.

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Source: sena

All business articles on 2023-02-15

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