Open Demo Account
Home / Market Update / Commodities / Gold prices rise in volatile trading with the decline of the dollar

Gold prices rise in volatile trading with the decline of the dollar

Adel 30 May, 2022 12:32 pm Commodities, Forex Market, Market Update

Gold prices rose in choppy trading on Monday, boosted by a weaker dollar, although some investors’ shift to riskier assets in Asia limited those gains.

And gold rose in spot transactions 0.2 percent to $ 1856.86 an ounce at 0152 GMT. US futures rose 0.1 percent to $1,859.40 an ounce.

As for other precious metals, silver rose in spot transactions 0.1 percent to $22.13 an ounce, platinum rose 0.1 percent to $954.51 and palladium rose 0.8 percent to $2079.39.

Tags

Check Also

Dollar Hits 1-Year High as Two Fed Hikes Now Priced: Yen Approaches 40-Year Low as Katayama Holds Emergency Talks With Bessent

Key Takeaways Dollar at 1-year peak: The DXY rose to 101.18 — its highest in …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends