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وكالة الانباء الاردنية
Gold drops globally before US inflation report
Gold prices worldwide declined today, Tuesday, after reaching their highest levels in over three months, as investors awaited U.S. inflation data and Federal Reserve Chair Jerome Powell's speech later this week. The spot price of gold decreased by 0.2% to $1,460.39 per ounce, while futures remained steady at $1,496, after experiencing a strong upward wave supported by a falling dollar and declining U.S. Treasury bond yields following the Treasury Department's announcement of plans to double long-term bond purchases. Other precious metals also fell, with silver dropping 1.3% to $68.01, platinum down 1.2% to $1,853.85, and palladium decreasing by about 1% to $1,345.26.
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