Gold Prices Rally, Supported By Falling Stock Markets

Dubai – (Masaader News)

Gold prices rose on Monday, supported by a decline in equity markets, and precious metal futures rose 0.05% to $ 1272 an ounce.

Gold spot delivery increased $ 1269.9 an ounce, up 0.2%.

The US stocks fell during Friday’s session, as the Japanese stock markets closed at the close of trading on Monday, in addition to the losses of European stocks, which pushed gold prices to rise.

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