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[size=36]The rise in gold prices and the rise of the dollar are holding back the gains of the yellow metal[/size]
Economie| 11:09 - 25/03/2021
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Baghdad - Mawazine News
, on Thursday, gold prices recorded an increase in light of the increase in Covid-19 infections in Europe, but the rise of the dollar curbed the gains of the yellow metal.
Spot gold rose 0.1%, to reach 1736.51 dollars an ounce, while US gold futures rose 0.2 percent, to reach $ 1736.50 an ounce.
Yesterday, Wednesday, members of the Federal Reserve indicated that the US Central Bank will start raising interest rates, depending on the economic results, and that it will not reduce its easy monetary policy until it witnesses an actual improvement.
As for the other precious metals, palladium went down 0.1 percent, to reach $ 2,631.91, while platinum rose 0.2 percent, to $ 1,170, and silver rose 0.2 percent, to $ 25.12 an ounce. Ended 29 / p4
, on Thursday, gold prices recorded an increase in light of the increase in Covid-19 infections in Europe, but the rise of the dollar curbed the gains of the yellow metal.
Spot gold rose 0.1%, to reach 1736.51 dollars an ounce, while US gold futures rose 0.2 percent, to reach $ 1736.50 an ounce.
Yesterday, Wednesday, members of the Federal Reserve indicated that the US Central Bank will start raising interest rates, depending on the economic results, and that it will not reduce its easy monetary policy until it witnesses an actual improvement.
As for the other precious metals, palladium went down 0.1 percent, to reach $ 2,631.91, while platinum rose 0.2 percent, to $ 1,170, and silver rose 0.2 percent, to $ 25.12 an ounce. Ended 29 / p4
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