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Published 2 years ago

Gold falls below 1800 dollars as its appeal is affected by the strength of the US currency

Summary by صحيفة الاقتصادية
Gold prices fell below the level of 1800 dollars today and the precious metal is moving towards the third consecutive weekly loss. The tough monetary policies of major central banks and a rise in the US dollar have led to a decline in its attractiveness. Gold in spot transactions fell 0.5% to $1797.19 an ounce (an ounce) by 05:47 GMT after hitting its lowest level since May 16 at $1794.62. U.S. gold futures also fell 0.

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