Gold prices rose globally at the end of Wednesday’s trading

2023-11-29 19:21:27

Live: Gold prices consolidated their gains, at the close today, Wednesday, with increasing investors’ expectations that the Federal Reserve will end its monetary tightening cycle in the United States.

Upon settlement, gold futures prices for February delivery (the most active) rose by 0.35%, or $6.9, at $2,067.1 per ounce, which is the highest level at the end of the session since the fifteenth of last May, after touching $2,072.7 during trading.

While the dollar index – which measures the performance of the US currency against a basket of six major currencies – settled at 102.76 points at 09:43 pm Mecca time, after touching 102.47 points, which is the lowest level since the eleventh of August.

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