Gold prices fell today, Tuesday, under pressure from the rise of the dollar, while market traders waited for the summary of the latest meeting of the US Federal Reserve (the central bank) and important economic data to clarify the path of interest rate cuts this year. .
Spot gold fell 0.2 percent to $2,639.45 an ounce by 0303 GMT.
Gold futures in the United States fell 0.3 percent to $2,658.70.
The dollar index neared a seven-week high, making gold more expensive for holders of other currencies, while the yield on ten-year US Treasuries topped four percent for the first time in more than two months.
As for other precious metals, silver fell 0.2 percent to $31.66 an ounce. Platinum prices rose 0.4 percent to $976.10, while palladium gained 0.4 percent to reach $1,028.00.
2024-10-08 04:02:27
#Gold #dollar
