Gold prices witnessed today, Monday, 11-20-2022 in Yemen, a slight decrease during evening transactions in the local markets, where 24 carat recorded (32,000 sales, 34,286 purchases), and the price of the gold pound (selling 224,000 buy 240,000 Yemeni riyals ).
Gold prices rose globally in immediate transactions 0. 1 percent to 1756.
54 dollars an ounce, by 1127 GMT, after increasing more than two percent on Thursday, as data of the high prices of US consumers showed less than expected in October and US gold futures rose 0. 4 percent to 1759. 70 dollars, and the dollar index continued to decline to its lowest level in almost three months and weak dollar makes gold more attractive to buyers abroad.
Global gold prices rose 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 returns of US Treasury bonds fell to its lowest level in one month on Thursday. Gold prices go in the opposite direction of the returns of treasury bonds and for other precious metals, silver fell in instant transactions 1. 1 percent to $ 21. 43 an ounce, but it is heading to record the second weekly height in a row..
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