Money and business

Gold prices in a week.. The strength of the dollar slows the rise of the precious metal

I registered Federal Reserve (the US central bank) interest rates, and recorded in instant transactions 0.7 percent to $4,332.21 per ounce, after rising by more than one percent earlier in the day.

Drop in the middle of the week

Gold prices fell slightly last Tuesday, as investors worked to reduce their positions ahead of the release of key US jobs data later in the day, which will provide clearer signals about the pace of interest rate cuts by the Federal Reserve in the coming months.

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