fell dollar index by 0.1 percent, making gold priced in the US currency more attractive to buyers abroad.
The minutes of the monetary policy meeting held by the Reserve Board will be released Federal in December, next Wednesday, which may provide guidance on the course of the Bank’s monetary policy tightening.
Gold is considered a hedging tool inflation and economic uncertainties, but high interest rates increase the opportunity cost of holding gold because it does not pay interest.
And increased Silver In spot contracts, it rose 1.1 percent, to $ 24.25 Platinum 0.8 percent to $ 1077.98, while it fell palladium 0.1 percent to $1,792.21.
“>
rise gold In spot contracts, it rose 0.8 percent to $1838.69 an ounce at 0257 GMT, according to Archyde.com data, and gold futures contracts in the United States increased by one percent to $1843.90.
fell dollar index by 0.1 percent, making gold priced in the US currency more attractive to buyers abroad.
The minutes of the monetary policy meeting held by the Reserve Board will be released Federal in December, next Wednesday, which may provide guidance on the course of the Bank’s monetary policy tightening.
Gold is considered a hedging tool inflation and economic uncertainties, but high interest rates increase the opportunity cost of holding gold because it does not pay interest.
And increased Silver In spot contracts, it rose 1.1 percent, to $ 24.25 Platinum 0.8 percent to $ 1077.98, while it fell palladium 0.1 percent to $1,792.21.