Gold rises with the decline of the dollar .. and the...

prices soared gold Yesterday, with the dollar’s decline, but tightening statements from policy makers at the US Federal Reserve limited the attractiveness of the metal and kept it at well below the important level of 1800 dollars, according to the CNBC Arabic website.

وارتفع gold In spot transactions 0.2% to 1791.76 dollars an ounce, after it fell to its lowest level since the fourth of November on Wednesday.

US futures increased for gold 0.4% to $1,791.60.

dollar and interest rates

Index decreased dollar 0.1% from a 16-month high hit in the previous session, reducing the cost of the metal to buyers of other currencies.

Higher interest rates increase the opportunity cost of holding non-returnable gold.

As for other precious metals, silver rose in spot transactions 0.3% to $23.59 an ounce.

Platinum rose 1.6 percent per ounce to $989.77, and palladium rose 2.3 percent to $1,893.76.

Yesterday, 3 pounds fell.. Gold prices at the beginning of Thursday’s trading

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