Saturday , October 23 2021

The gold price exceeds the minimum one month, due to the purchase of deals


(Reuters) – Gold prices rose on Tuesday, as investors have been forced to hold deals after precious metals have dropped to a minimum of $ 1 a month.

In 0746, the price of gold rose by 0.2% to $ 1202.57. Prices have dropped to the lowest level since October 11.

Gold futures of the US reached 1203.8 US dollars per ounce.

Ronald Long, one of the main traders of Li Chong Gold Trading in Hong Kong: "We have not seen this level for a while, so we see some purchases.

"But the strong dollar has set the market over."

The dollar index ranges from Monday to Monday from 97.69 to 16 months, which measures the stability of the six major currencies.

Troy ounce reached $ 14.04 per barrel after reaching $ 13.95 per barrel over the two-month low, trading at 0.6 per cent.

Palladium increased by 0.8 percent to $ 1104.70, while platinum rose 0.6 percent to $ 845.60.


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