Gold rises ahead of Fed minutes

by times news cr

2024-02-21T09:16:15+00:00

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/ Gold prices rose during these moments of trading, today, Wednesday, supported by the stability of the dollar index, as investors look forward to the minutes of the last monetary policy meeting of the Federal Reserve (the US Central Bank), scheduled to be released later today, for more clarity on the path of interest rates.

Gold futures settled at $2,040 per ounce, while spot gold rose 0.21% to $2,028 per ounce. On the other hand, the dollar index settled at 103.977 points.

As for other metals, platinum rose in spot transactions by 0.1% to $901.50 per ounce, palladium rose by 0.2% to $977.05, while silver fell by 0.1% to $22.97 per ounce.

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