LONDON December 06. 2023 (Saba)- Gold prices rose on Wednesday with the decline of the dollar, while US jobs data, which was weaker than expected, reinforced bets on the end of the Federal Reserve’s monetary policy tightening cycle.
Reuters reported that gold rose in spot transactions by 0.2 percent to $2,023.09 per ounce.
US gold futures for delivery next February also rose 0.2 percent to $2,041.
As for other precious metals, silver rose 0.5 percent to $24.24 per ounce, while platinum increased 0.1 percent to $900.31, and palladium rose 0.6 percent to $940.14 per ounce.
The dollar index fell 0.1 percent against a basket of currencies, after rising yesterday to its highest level in two weeks, which makes gold less expensive for holders of other currencies.
Najat
resource : Saba
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