Gold prices fall amid dollar rise


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Yemen News Agency SABA
Gold prices fall amid dollar rise
[07/ August/2024]
LONDON August 07. 2024 (Saba) - Gold prices on Wednesday fell amid dollar rise and traders awaiting more indicators to anticipate the size of the interest rate cut that the Federal Reserve may make next September.

According to Reuters, the gold fell in spot transactions by 0.2 percent to $2385.60 per ounce, and US gold futures fell by 0.3 percent to $2425.30.

As for other precious metals, silver rose in spot transactions by 0.1 percent to $27.0561 per ounce, while platinum rose by 0.3 percent to $915.20, while palladium rose by 0.3 percent to $877.24.

Z.E


resource : SABA