Money and business

Gold prices continue to decline for the fifth session in a row

Capitals, June 24 / WAM / Gold prices continued to decline in trading, Tuesday, for the fifth session in a row, amid expectations of an increase in key interest rates in the United States of America during the current year, which led to an increase in the value of the dollar against other major currencies, despite the decline in oil prices.

The price of the yellow metal fell by $47.90, or 1.14%, to $4,154.80 per ounce, while the price of silver fell by $3,589, or 5.45%, to $62,245 per ounce.

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