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وكالة الأنباء القطرية
Gold drops over 1% in biggest monthly fall since 2008
The price of gold declined by more than 1.5 percent, reaching $3,956.92 per ounce, marking a loss of 12.7 percent since the beginning of the month and the largest monthly drop since October 2008. This decline comes amid expectations of an interest rate hike by the U.S. Federal Reserve to curb inflation. It is also the fourth consecutive monthly decrease, with other precious metals such as silver, platinum, and palladium also experiencing declines.
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