Gold prices rise with the weakness of the dollar and expectations of a US interest rate cut

rose Gold prices today supported by growing expectations that the Federal Reserve will cut (US Central Bank) Interest rates next month, in addition to the weakness of the dollar.

Gold rose in spot transactions by (0.4%) to reach (4081.52) dollars per ounce, while gold futures for delivery settled at (4079.30) dollars per ounce.

As for other precious metals, silver rose in spot transactions (0.5%) to (50.24) dollars per ounce, and rose Platinum (1.1%) to (1528.01) dollars, and palladium increased (0.8%) to (1385.85) dollars per ounce.

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