Home » Economy » Emirates News Agency – Gold prices are declining globally with the rise of the US dollar

Emirates News Agency – Gold prices are declining globally with the rise of the US dollar

Abu Dhabi, July 25 / WAM / Global gold prices fell during today’s trading, with the rise of the US dollar.

According to global market data, the prices of the yellow metal in spot transactions decreased by 0.07%, or the equivalent of $1.21, to $1,726.4 an ounce, by 09:10 AM UAE time.

Gold futures fell 0.19%, or $3.15, to $1,724.25 an ounce.

In terms of other precious metals, platinum fell 0.4% to $859.8, palladium fell 2.24% to $81.28, and silver declined by 0.88% to $18.45 an ounce.

WAM / Ramy Samih / Ahmed Al-Boutli

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