Gold Prices Fall As Dollar Rebounds

Dubai – ( Massader News)

Gold prices fell on Tuesday, and metal futures fell by 0.1% to $ 1278.9 an ounce, coinciding with rising of stock markets and the recovery of the dollar, according to a report published by Mubasher.

The spot price of the precious metal fell by 0.2% to $ 1278.8 an ounce.

Global stock markets rose, and the dollar rose against major currencies during trading, and the Nikkei climbed to its highest level since January 1992, according to Mubasher.

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