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[size=35][size=35]Gold prices drop[/size]
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2022-07-20 | 04:17
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Alsumaria News - Economy
And by 0610 GMT, gold in spot transactions fell 0.3% to $ 1706.85 an ounce.
US gold futures fell 0.3% to $1,706 an ounce.
The dollar fell for the fourth consecutive session, although it remained at high levels; This makes the dollar-denominated precious metal less expensive for buyers of other currencies.
Two well-informed sources told[You must be registered and logged in to see this link.]“European Central Bank policy makers are considering raising interest rates by 50 basis points more than expected at their meeting tomorrow, Thursday, to contain inflation rising to record levels.”
The 10-year US Treasury yield was flat after two sessions of gains.
As for other precious metals, there was little change in silver in spot transactions and remained at $18.74 an ounce.
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Economie
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2022-07-20 | 04:17
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[/size]
204 views
Alsumaria News - Economy
Gold prices fell today, Wednesday, as fears of tightening monetary policy and an increase in the yield on Treasury bonds dispelled the relief caused by the decline in the dollar.
And by 0610 GMT, gold in spot transactions fell 0.3% to $ 1706.85 an ounce.
US gold futures fell 0.3% to $1,706 an ounce.
The dollar fell for the fourth consecutive session, although it remained at high levels; This makes the dollar-denominated precious metal less expensive for buyers of other currencies.
Two well-informed sources told[You must be registered and logged in to see this link.]“European Central Bank policy makers are considering raising interest rates by 50 basis points more than expected at their meeting tomorrow, Thursday, to contain inflation rising to record levels.”
The 10-year US Treasury yield was flat after two sessions of gains.
As for other precious metals, there was little change in silver in spot transactions and remained at $18.74 an ounce.
[You must be registered and logged in to see this link.]
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