2023-06-21 14:57:32
Global gold prices fell, during today’s trading, Wednesday, due to the rise of the US dollar.
This comes while investors are awaiting indications regarding interest rates from the testimony of US Federal Reserve Chairman Jerome Powell before Congress.
Gold fell in spot transactions 0.1% to 1934.20 dollars an ounce, and its movements are limited to a range of 8 dollars, and US gold futures contracts also fell 0.1% to 1945.40 dollars, while the dollar rose 0.1%, which makes gold more expensive for holders of other currencies, according to the network. “CNBC”.
As for other precious metals, spot silver fell 0.5% to $23.06 an ounce, platinum fell 1% to $952.62, and palladium fell 1.9% to $1354.55.
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