Gold prices rose at the beginning of trading today, Friday, to rise the gram of 21 -carat gold by about 7 pounds, despite the decline in the yellow metal globally.
The price of gold is 21: 1272 pounds. The price of gold is 24: 1453. 75 pounds. The price of gold is 18: 1090 pounds.
Gold price is 14: 848 pounds
The price of the gold pound is 10176 pounds
Gold prices fell one percent on Thursday with the recovery of the dollar, while comments recently indicated from the officials of the US Federal Reserve Council to the continued tightening of the monetary policy to tame inflation.
By 1850 GMT, gold in instant transactions decreased 0. 8 percent to $ 1760. 43 an ounce, after decreasing to $ 1753. 6 earlier in the session.
The US gold futures fell, December delivery of December 0. 7 percent upon settlement to $ 1763 an ounce.
The dollar index rose 0. 3 percent, which made gold more expensive for other currencies, and US Treasury bonds also increased for ten years.
Investors are awaiting the US Central Bank’s decision regarding the interest in raising the interest in December.
Raising the interest affects the appetite for the precious metal, which does not bring benefit.
Gold reached its highest level three months ago at 1786. 35 dollars on Tuesday, amid fears of the escalation of the Ukrainian crisis, but the prices have declined since then with the decline of tensions.
For other precious metals, silver decreased 2. 5 percent to $ 20. 93 an ounce. Platinum fell 2. 5 percent to $ 980. 61 an ounce. Palladium fell 3. 2 percent to $ 2006. 07 an ounce..
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