Gold prices stabilized at the beginning of the goldsmiths market trading today, Monday, after it rose at the end of the week’s trading to the highest level.
The price of gold is 21: 1272 pounds. The price of gold is 24: 1454 pounds. The price of gold is 18: 1090 pounds. The price of gold is 14: 850. 5 pounds
The price of the gold pound is 10176 pounds
Gold rose in instant transactions 0. 1 percent to 1756.
54 dollars an ounce, by 1127 GMT, after increasing more than two percent on Thursday, as data of US consumers high showed less than expected in October.
And US gold futures rose 0. 4 percent to 1759. 70 dollars.
Gold prices have increased by 4. 5 percent so far this week. Dealers believe that there is a chance of 73. 5 percent to raise interest rates by 50 basis points at the Reserve Council meeting in December.
The dollar index continued to decline to its lowest level in about three months.
The weakness of the dollar makes gold more attractive to buyers abroad.
US Treasury bonds fell to their lowest level in one month on Thursday. Gold prices are in the opposite direction of the returns of treasury bonds.
As for other precious minerals, silver in instant transactions fell 1. 1 percent to $ 21. 43 an ounce, but is heading to record the second weekly height in a row.
Platinum rose 1. 1 percent to $ 1042. 90 an ounce, heading to achieve the largest weekly gain since February 2021.
Palladium rose 2. 02 percent to 2004. 25 dollars..
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