Gold prices fell on Thursday, influenced by an increase in the dollar. Investors continue to assess signals from the U.S. Federal Reserve regarding monetary policy after its decision to keep interest rates unchanged. They also await U.S. inflation data set to be released later today.
In spot trading, gold prices dropped by 0.7 percent, reaching $4,039.26 per ounce. Meanwhile, U.S. gold futures for December delivery remained stable at $4,051 per ounce.
In addition to gold, other precious metals also experienced price changes. Silver prices in spot trading decreased by 0.7 percent, settling at $53.60 per ounce. Platinum prices fell by 0.3 percent, reaching $1,533.50 per ounce. Conversely, palladium prices increased by 0.7 percent, recording $1,017.29 per ounce.
To follow the news in Arabic
Yemeni Foreign Minister Discusses Regional Developments with Saudi Counterpart On Thursday, Yemeni Foreign Minister Dr.…
Protest in Geneva Calls for Lifting Siege on Taiz A protest held in Geneva urged…
Sheikh Othman Majli Inspects Fourth Emergency Brigade in Saada Sheikh Othman Majli, a member of…
Prime Minister Visits Technical Institute in Al-Mualla On Thursday, Dr. Sha'if Mohsen Al-Zandani, the Prime…
Armed Forces Conduct 982 Targeted Operations in 24 Hours The Armed Forces announced that within…
Human Rights Seminar in Marib Calls for International Action to Lift Taiz Siege A human…