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Gold Prices Rise As Dollar Declines

Dubai – (Massader News)

Gold prices rose on Thursday, and metal futures rose by 0.1% to $ 1284.8 an ounce, as the dollar fell after negative announcement on the US economy, according to a report published by Mubasher.

The spot price of yellow metal rose by 0.3% to $ 1284.8 an ounce.

The dollar fell on negative data from the US economy, as the Federal Reserve announced yesterday that the pace of growth of the US economy between modest and moderate, noting the absence of threats related to inflation, despite the strength of the labor market.

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