The gramme of 21-carat gold lost about 5 pounds at the start of trading today, on Wednesday, and the pound lost about 40 pounds.
The cost of gold is 21 pounds, or 1230. Gold is priced at 24: 1405. 75 kilos. Gold is priced at 18:1054. 25 pounds. The cost of gold is 14 pounds, or 820.
Price of gold is 9840 pounds.
Investors are waiting for US inflation statistics to be released this week, which might influence the Federal Reserve’s (US Central Bank) decision to raise interest rates. Gold prices have fallen along with a modest increase in the dollar.
In real-time trades, gold dropped by 0. 3 % to $ 1669. 73 cents per ounce. In the previous session, prices reached their highest level in three weeks, helped by the dollar twice. US gold futures decreased by 0. 5 % to 1672. 70.00 dollars.
Because of the increase in the dollar index, foreign buyers of the precious metal will now pay more for it. Tomorrow’s consumer price index report for the US is anticipated. Although gold is a way to protect against inflation, the high interest rates make the non-returning metal less appealing.
Silver decreased 1% to $20.56 in instant transactions for other precious metals. Platinum fell 0. 4 % to 975. 19 dollars, and a 0. 5 % bolladium to $ 1887. 17..
The price of gold on September 11, 2022. At the start of trading, the price of the yellow metal dropped.
About Author
