Singapore (Ina) - dropped the price of gold on Wednesday, with the rise of European bonds, and the arrival of the dollar to its highest level in four months, following the strong data on the US economy.
According to Sky News Arabia gold prices fell 4 percent to $ 1.325.91 an ounce, while US gold came down the same amount to 1.327.20 an ounce. the
dollar rose 0.1 percent against the basket of major currencies, after hitting its highest price in four months. this
comes with expectations of higher US interest rates, according to economic analysts, driven by strong data from the US economy.
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