Dubai – (Massader News )
Gold prices rose on Thursday, and metal futures rose by 0.7% to $ 1297.5 an ounce, as dollar fell, according to a report published by Mubasher.
The spot price of gold rose about 0.4% to $ 1296.4 an ounce.
The dollar fell against major currencies due to lower interest rate expectations in the coming period due to low inflation rates.
The Federal Reserve’s meeting minute showed yesterday that its members believe that reaching the target inflation rate may take a long time.
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