January 31, 2024
Singapore, January 31 (QNA) – Gold prices today recorded their first monthly decline in four months, amid investors’ anticipation of US interest rates and expectations for them to be fixed in light of the strength of the economy, ahead of the Federal Reserve (US central bank)’s decision on monetary policy later today. .
The price of gold in spot transactions reached $2036.10 per ounce, after touching the highest level in two weeks at $2048.12 in the previous session. Prices have fallen 1.3 percent since the beginning of the month.
US gold futures also rose 0.1 percent to $2,033.30.
As for other precious metals, silver prices in spot transactions fell 0.4 percent to $23.07 per ounce.
While platinum fell 0.3 percent to $918.36, and palladium stabilized at $976.07. The three metals are heading for a monthly decline.
key words
Economy, global
2024-01-31 09:14:33
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