Money and business

Gold declines, the dollar rises, and silver remains stable

New York, December 18 / WAM / Gold prices fell today with the rise of the dollar, while silver approached its record level.

Gold in spot transactions fell 0.4 percent to $4,324.47 per ounce by 1:00 p.m.

1023 GMT. US gold futures fell 0.4 percent to $4,355.70.

The dollar index rose slightly today after touching the highest level in a week yesterday. The rise in the dollar usually increases the cost of gold for holders of other currencies.

Silver recorded $66.02 per ounce in spot transactions, after reaching a record level of $66.88 in

Previous session.

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