[09/December/2023]

LONDON December 09. 2023 (Saba)- Gold prices fell at settlement, following the release of jobs data in the United States, which recorded a better reading than expected, which pushed Treasury bond yields and the dollar higher.

The CNBC Arabia website reported on Saturday that gold prices for December delivery contracts fell at settlement by 1.6 percent, or about $31.90, to close at $2,014.50 per ounce, which is the lowest close since November 27.

On a weekly basis, US gold futures recorded losses of 3.7 percent, the first since the week ending on November 10.

Najat

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