Washington - Saba:
Gold prices continued rising for the fifth trading session on Tuesday, despite the increase in US dollar against other key moneys.
This comes amid fears that there are expectations of a US interest rate cut next month.
While dollar index rose by 0.45 percent to 103.95 points, gold prices saw an increase of 9.40 dollar per ounce (or 0.35 percent) to 2,723.10 dollar, according to Reuters.
Gold prices continued rising for the fifth trading session on Tuesday, despite the increase in US dollar against other key moneys.
This comes amid fears that there are expectations of a US interest rate cut next month.
While dollar index rose by 0.45 percent to 103.95 points, gold prices saw an increase of 9.40 dollar per ounce (or 0.35 percent) to 2,723.10 dollar, according to Reuters.