Gold rises to its highest level since the beginning of October
Washington - Ofoq News - Gold prices rose today, Monday, supported by the decline in the dollar and the decline in oil prices, as investors await the US inflation data expected this week, which may provide indications regarding the directions of the Federal Reserve’s monetary policy. Gold rose in spot transactions by 0.3%.
Newsfront X
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Washington - Ofoq News - Gold prices rose today, Monday, supported by the decline in the dollar and the decline in oil prices, as investors await the US inflation data expected this week, which may provide indications regarding the directions of the Federal Reserve’s monetary policy.
Gold rose in instant transactions by 0.3% to $4,206.01 per ounce, by 02:53 GMT, after recording its highest level since October 2 earlier in the session.
US gold futures for December delivery also rose by 0.3% to $4,230.40 per ounce.
Source: Newsfront X
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