Singapore - Saba:
Gold prices fell today, Thursday, under pressure from the rise of the dollar, amid anticipation of economic data indicating that the Federal Reserve "the US Central Bank" may follow a more cautious approach to interest rate cuts.
Gold fell in spot transactions by 0.3 percent to $ 2627.60 per ounce, and US gold futures fell by 0.5 percent to $ 2627.00.
The dollar index rose by 0.1 percent, reducing the attractiveness of gold for holders of other currencies.
As for other precious metals, silver fell by about 1 percent to $29.78 per ounce, platinum fell 0.1 percent to $928.05, while palladium settled at $972.75.
Gold prices fell today, Thursday, under pressure from the rise of the dollar, amid anticipation of economic data indicating that the Federal Reserve "the US Central Bank" may follow a more cautious approach to interest rate cuts.
Gold fell in spot transactions by 0.3 percent to $ 2627.60 per ounce, and US gold futures fell by 0.5 percent to $ 2627.00.
The dollar index rose by 0.1 percent, reducing the attractiveness of gold for holders of other currencies.
As for other precious metals, silver fell by about 1 percent to $29.78 per ounce, platinum fell 0.1 percent to $928.05, while palladium settled at $972.75.