Gold prices fall due to rise in dollar


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Yemen News Agency SABA
Gold prices fall due to rise in dollar
[12/ June/2024]
LONDON June 12. 2024 (Saba) - Gold prices fell on Wednesday due to the rise in the dollar, as investors await the main US inflation data and the US Federal Reserve's data on interest rates.

Reuters reported that the price of gold fell in spot transactions by 0.2 percent to $2311.80 per ounce, while US futures contracts settled at $2328.80.

As for other precious metals, silver rose in spot transactions by 0.2 percent to $29.33 per ounce, platinum rose by 0.8 to $959.10, and palladium rose by one percent to $892.45.


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resource : Saba