Gold Prices Drop 0.2 Percent Affected by Stronger Dollar


https://www.saba.ye/en/news3517987.htm

Yemen News Agency SABA
Gold Prices Drop 0.2 Percent Affected by Stronger Dollar
[17/ July/2025]

Tokyo - Saba:
Gold prices fell on Thursday, impacted by a stronger dollar and easing market tensions after U.S. President Donald Trump said it was "highly unlikely" he would dismiss Federal Reserve Chairman Jerome Powell.

Spot gold declined 0.2 percent to $3340.79 per ounce, while U.S. gold futures dropped 0.4 percent to $3347.10.

Among other precious metals, spot silver rose 0.1 percent to $37.98 per ounce, platinum increased 0.2 percent to $1419.67, and palladium fell 0.1 percent to $1230.14.