Gold Prices Stabilize As Dollar Declines

Dubai – Massader News

Gold prices stabilized on Monday, and spot metal hits $ 1231 an ounce, coinciding with the dollar’s decline, according to a report by Sky News.

The dollar index, against a basket of 6 major currencies, fell by 0.1 percent to 94.340. The index fell to its lowest level since July 11 during the session.

US President Donald Trump criticized the monetary tightening policy adopted by the Federal Reserve.