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“Gold Prices Dip Due to Strong Dollar, Economic Concerns and US Debt Ceiling”

Gold prices fell today, Friday, with the rise of the dollar, but continued economic concerns and the confrontation related to the US debt ceiling curbed the losses of the yellow metal.

And by 0301 GMT, spot gold fell 0.3 percent to $2010.29 an ounce, down 0.3 percent during the week. US gold futures fell 0.3 percent to $2,015.00.

As for other precious metals, silver fell in spot transactions by 0.8 percent, to $ 23.98 an ounce. Platinum fell 1 percent to $1,083.24.
Palladium rose 0.5 percent to $1,558.50.

2023-05-12 04:36:49
#Gold #loses #luster #strength #dollar

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