15 Hrs
Source:
هبة بريس
Gold prices dip again at $4,128.69
Gold prices declined on Tuesday, October 6, due to the rise in the dollar and U.S. Treasury yields. The price of gold decreased by 0.3% to $4,128.69 an ounce, while yields on 10- and 30-year Treasury bonds reached their highest levels in 24 years, increasing cost pressures on the metal. Additionally, other precious metals such as silver, platinum, and palladium fell between 0.2% and 0.7%. Outlooks still suggest that a rate hike by the Federal Reserve is possible, but expectations have slightly softened, which limited gold’s losses.
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