Gold prices rise as dollar continues to decline


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Yemen News Agency SABA
Gold prices rise as dollar continues to decline
[23/ July/2024]
SINGAPORE July 23. 2024 (Saba) - Gold prices rose on Tuesday, with the dollar continuing to decline, while investors awaited US economic data this week, which may clarify the US Federal Reserve’s timetable for reducing interest rates.

According to Reuters, gold rose in spot transactions by 0.2 percent, recording $2,401.22 per ounce, and US gold futures rose 0.4 percent to $2,403.60.

As for other precious metals, silver fell 0.2 percent to $29.14 per ounce, platinum recorded $951.13 per ounce, and palladium increased 0.1 percent to $908.43 per ounce.

J.A

resource : SABA