Money and business

Gold prices declined due to the rise in the dollar


Retracted Gold prices on Monday, after touching their highest level in two weeks, affected by the rise in The dollar, while indicators of a slowdown in the US labor market limited the losses of the precious metal.
The Gold in spot transactions increased by 0.8%, reaching $4,143.12 per ounce, after earlier recording its highest level since June 22nd, while US gold futures for August delivery rose by 0.7% to $4,155.50 per ounce.

Precious metal prices

As for other precious metals, silver fell in spot transactions by 1.2%. To $61.63 per ounce, after earlier recording its highest level since June 23.
Platinum fell 0.7% to $1,626.10 per ounce, and palladium fell 0.8% to $1,264.16 per ounce.

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