Dubai – Masaader News
Gold prices rose on Wednesday, and futures for precious metal rose by 0.3% to 1336.1 dollars an ounce, coinciding with the decline of the dollar after the increase in US public debt to the level of 20.16 trillion dollars, according to a report published by Mubasher.
The spot price of gold settled at $ 1331.5 an ounce.
US Treasury data revealed that US public debt rose to $ 20.16 trillion, the highest level ever, after President Donald Trump signed a draft law of a three-month extension of the US debt ceiling.
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