Qatari Gold Prices Fall 2.64%
The price of gold in the Qatari market decreased by 2.64% during this week, reaching approximately $4,174.72 per ounce. Meanwhile, the prices of other precious metals such as silver declined by 4.98% to $61.12 per ounce, and platinum fell by 3.53% to $1,720.70. These drops are due to weakened demand and expectations of the U.S. interest rate being held steady, while the dollar remained near its two-month high supported by rising U.S. Treasury bond yields.
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