Money and business

Gold prices fall as the dollar rises and inflation fears increase


Gold prices today, Monday, affected by the rise in The dollar, while the increase in oil prices led to increased fears of inflation and the continuation of higher interest rates for a longer period.
The price of Gold in spot transactions fell 0.3% to $4694.26 per ounce.
US gold futures contracts for June delivery fell 0.9% to $4697.60.

Precious metal prices

As for other precious metals, silver fell in spot transactions 0.3% to $75.48 per ounce.
And it decreased Platinum fell 0.3% to $2,005.15, and palladium fell 0.3% to $1,492.22.

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