Witnessed gold In spot transactions, it changed slightly to $1,773 an ounce by 10:47 GMT, up 0.10 percent.
and makes a hike dollar The precious metal is less attractive to overseas buyers.
The dollar index rose 0.2 percent.
Consumer price index data will be published on United State For the month of November on December 13, while the last meeting of the Federal Reserve for the year 2022 is expected to be held on December 13-14.
As for other precious metals, spot silver rose 0.7 percent to $22.31.
Platinum fell 0.3% to $986.15, while palladium rose 1.2% to $1,871 an ounce.
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Higher interest rates have affected gold’s traditional position as a hedge against inflation and other uncertainties this year, as they increase the opportunity cost of holding non-yielding bullion.
price movements
Witnessed gold In spot transactions, it changed slightly to $1,773 an ounce by 10:47 GMT, up 0.10 percent.
and makes a hike dollar The precious metal is less attractive to overseas buyers.
The dollar index rose 0.2 percent.
Consumer price index data will be published on United State For the month of November on December 13, while the last meeting of the Federal Reserve for the year 2022 is expected to be held on December 13-14.
As for other precious metals, spot silver rose 0.7 percent to $22.31.
Platinum fell 0.3% to $986.15, while palladium rose 1.2% to $1,871 an ounce.