Gold prices reach their highest level in a week

New York, January 6, 2017 – Gold prices rose today, Tuesday, to their highest level in a week, after statements by Federal Reserve officials, referring to monetary easing, reinforced bets on lowering interest rates.

The price of gold in spot transactions rose 0.4% to $4,465.32 per ounce at 03:28 GMT, after jumping nearly 3% in the previous session, while US gold futures contracts for February delivery rose 0.3% to $4,465.70.

As for other precious currencies, the price of silver in spot transactions rose 2.9% to $78.72 per ounce, the price of platinum in spot transactions rose 2.5% to $2327.17 per ounce, and the price of palladium increased 0.8% to $1721.74 per ounce.

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