Gold rises, supported by the decline of the dollar

وصعد gold price In spot transactions 0.27 percent to $ 1826.80 an ounce by 1925 GMT, extending its gains after hitting the highest level since mid-December in the Tuesday session.

gold rose in US futures contracts 0.5 percent to settle at $1827.30 an ounce.

The dollar index fell to its lowest level in two months after data showed that Inflation in the United States In December, it recorded the largest annual increase in nearly four decades, which makes gold more attractive to investors holding other currencies. The benchmark 10-year US Treasury yields also fell.

Among other precious metals, silver rose in spot transactions 1.88 percent to $23.19 an ounce, while platinum rose one percent to $980.50. And palladium fell 0.5 percent to $ 1911.80 an ounce.

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وصعد gold price In spot transactions 0.27 percent to $ 1826.80 an ounce by 1925 GMT, extending its gains after hitting the highest level since mid-December in the Tuesday session.

gold rose in US futures contracts 0.5 percent to settle at $1827.30 an ounce.

The dollar index fell to its lowest level in two months after data showed that Inflation in the United States In December, it recorded the largest annual increase in nearly four decades, which makes gold more attractive to investors holding other currencies. The benchmark 10-year US Treasury yields also fell.

Among other precious metals, silver rose in spot transactions 1.88 percent to $23.19 an ounce, while platinum rose one percent to $980.50. And palladium fell 0.5 percent to $ 1911.80 an ounce.

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