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and fell gold In spot transactions, 0.5% to $ 1692.99 an ounce, by 0330 GMT, after it fell earlier to its lowest level in a week.
and decline US gold futures contracts 0.6 percent to $1,703.30.
Data is enhanced US service sector With the strong dollar, the dollar index jumped to its highest level in 20 years, making gold more expensive for buyers abroad.
and elevation US Treasury yields For ten years, to its highest level since June 16, amid expectations that the Federal Reserve will continue to raise interest rates. Higher returns increase the opportunity cost of holding non-returnable gold.
The Reserve Board is expected to raise fed Interest rate increased by 75 basis points on September 21. The US central bank has raised interest rates by a total of 225 basis points since March to curb inflation escalating.
For other precious metals, it decreased Silver In spot transactions, 1.1 percent to $17.85 an ounce, and it fell platinum One percent to $ 844.43, and fell Palladium 1 percent to $1,85.25.
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and fell gold In spot transactions, 0.5% to $ 1692.99 an ounce, by 0330 GMT, after it fell earlier to its lowest level in a week.
and decline US gold futures contracts 0.6 percent to $1,703.30.
Data is enhanced US service sector With the strong dollar, the dollar index jumped to its highest level in 20 years, making gold more expensive for buyers abroad.
and elevation US Treasury yields For ten years, to its highest level since June 16, amid expectations that the Federal Reserve will continue to raise interest rates. Higher returns increase the opportunity cost of holding non-returnable gold.
The Reserve Board is expected to raise fed Interest rate increased by 75 basis points on September 21. The US central bank has raised interest rates by a total of 225 basis points since March to curb inflation escalating.
For other precious metals, it decreased Silver In spot transactions, 1.1 percent to $17.85 an ounce, and a decline platinum One percent to $ 844.43, and fell Palladium 1 percent to $1,85.25.