Dubai -Massader News
Gold prices fell on Wednesday as the dollar rose, and the price of metal futures for delivery in June fell by $ 8 and 0.6% to $ 1305.7 an ounce, according to a report published by Mubasher.
The spot price of precious metal fell by 0.6% to $ 1306.3 an ounce.
The main dollar index, which tracks the performance of the currency against six major currencies, rose by 0.2% to $ 93.345.
The US currency rose after US President Donald Trump announced yesterday his country’s withdrawal from Iran’s nuclear deal.
US producer price data is due to be released today.