Gold prices rose to their peak more than two weeks ago, and it appears that the new Corona virus circulating in China, has pushed a lot to invest in the yellow metal, and according to Reuters, the spot price of gold rose 0.7% to $ 1573.73 an ounce by 1841 GMT dealings Yesterday Friday.
Gold had reached its climax on January 8th, and recorded $ 1575.03 earlier in the session, as the price of gold globally increased by 1% since the beginning of the week’s trading, and US gold futures rose 0.4% to $ 1571.90 an ounce.
Palladium decreased by 1.8% in spot transactions, to $ 2417.10 an ounce, after losing more than 3% earlier in the session, thus registering for its first weekly decline in five weeks at a value of 2.6%, while platinum rose by 0.4% to record $ 1005.95 Per ounce, to remain low 1.3% during the week’s trading, and silver also rose 1.8% to $ 18.11 an ounce.
Also read: The Gold Price Today in Egypt.
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