Gold consolidates above $4,100 after sharp losses in the previous session #Breaking

Gold prices stabilized today, Wednesday, supported by the weakness of the dollar, and searches for deals after A sharp loss the previous day, as investors turned their attention to US inflation data, which will be released on Friday.

The price of spot gold rose 0.5% to reach $4,145.35 an ounce by 05:21 GMT, after falling more than 5% yesterday, Tuesday, recording its largest daily decline since August 2020.

Gold futures in the United States (December delivery) rose by 1.2% to $4,159.60 per ounce.

And in The dollar fell by 0.1% versus its competitors, making gold less expensive for holders of other currencies.

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