Emirates News Agency – Gold prices rise globally and compensate for its losses

ABU DHABI, 22nd July / WAM / International gold prices turned upward during today’s trading, following it succeeded in compensating all its morning losses, which reinforces its trend towards recording the first weekly gains in a month and a half.

According to global market data, the prices of the yellow metal rose in spot transactions by 0.04%, or the equivalent of $0.61 to $1719 per ounce, by 01:04 pm UAE time.

Gold futures increased 0.24%, or $4.1, to $1,717.35 an ounce.

In terms of other precious metals, platinum rose 1.05% to $868.9, palladium fell 0.74% to $1890.53, while silver fell 0.38% to $18.65 an ounce.

WAM / Ramy Samih / Ahmed Al-Boutli

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