2023-11-23T07:46:01+00:00
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/ Gold prices rose to more than $4 during trading today, Thursday, in an attempt to compensate for the losses they suffered during the previous session with the decline of the US currency.
The precious metal is trading near the main support level at $2,000 per ounce, supported by lower Treasury bond yields and demand for gold.
By 06:47 AM GMT, gold futures prices – for delivery in February 2024 – rose by 0.22%, or the equivalent of $4.5, to reach $2,017.70.
The prices of contracts for immediate delivery of gold increased by 0.32% to $1,996.53 per ounce, according to figures seen by the specialized energy platform.
At the same time, the spot price of silver metal rose by 0.30% to $23.70 per ounce, and the spot price of platinum increased by about 0.38% at $929.55 per ounce, while the spot price of palladium fell by 0.06%, to record $1061.82 per ounce.
While the dollar index – which monitors the performance of the US currency against 6 major currencies – declined by 0.27%, reaching the level of 103.64 points.