© Archyde.com Gold prices fell slightly, despite the decline in the dollar index
Gold prices fell slightly during Tuesday’s trading, despite the decline amid expectations that the US interest rate hike will continue for a longer period.
Investors are still focused on Friday’s US jobs report, which is set to show the state of the labor market in light of the Fed’s continued interest rate hike.
December delivery fell slightly by 0.11% to $ 1747.7 an ounce, and the spot delivery price fell by a slight rate of 0.14% to $ 1734.69 an ounce, at exactly 10:51 am Cairo time.
December delivery fell 0.19% to $18.64 an ounce, while the spot price for platinum delivery settled at $866.82 an ounce, and the spot price for palladium settled at $2147.25 an ounce.
The dollar index – which measures the performance of the US currency once morest a basket of six major currencies – decreased by 0.33% to 108,479 points.
