Gold prices fell at the end of the week’s transactions

Gold futures prices ended the new week’s trading on Friday, with a significant decline, but it remained high compared to its level at the end of the trading last week, as well as last month.
In the exchange market, the dollar index rose to 108.48 points, an increase of 0.65% from its level yesterday.
The price of the yellow metal today decreased by 10.50 dollars, or 0.37%, to 2812 dollars an ounce of delivery this month.

At the same time, the price of gold increased by about 7% during the current month as a whole. It also increased by approximately 1.7% during the current week.
The price of silver decreased by $ 236.D., or 0.73%, to 32.128 dollars, an ounce of delivery this month.
Nevertheless, the price of silver increased by more than 11% during the current month, by 4.6% during the week.
The price of copper decreased by $ 85.03, or 0.9%, to approximately 24,495 dollars per pound.

In terms of economic data, the inflation rate in the United States increased last month, in the latest indication of the continued price pressure in the country.
On Friday, the Ministry of Commerce report showed that the prices of consumers increased by 2.6 % in December, on an annual basis, an increase of 2.4 % on an annual basis in November and in the third consecutive increase.
Prices increased, with the exception of food and troubled energy categories by 2.8 % on an annual basis, the same percentage that increased in November and October.