Gold Prices Drop Ahead of U.S. Federal Reserve Meeting

Gold Prices Drop Ahead of U.S. Federal Reserve Meeting

- in Economy
Stylish Audio Player

Radio ExpressTV

Live

Gold prices fell today, Thursday, as investors took profits and adopted a cautious stance ahead of next week’s meeting of the U.S. Federal Reserve, while awaiting important economic data for indications on the trajectory of U.S. interest rates.

Spot gold decreased by 0.2 percent to $4,196.96 per ounce, while U.S. gold futures for December delivery also fell by 0.2 percent, reaching $4,225.90 per ounce.

In other precious metals, silver dropped by 0.4 percent to $58.26, platinum fell by 0.9 percent to $1,656.15, and palladium declined by 1.3 percent to $1,441.75.

Loading

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Morocco Secures Membership in the African Union Peace and Security Council for the Third Consecutive Time

Morocco elected to the African Union Peace and