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المواطن
Gold Drops Amid Stronger Dollar
Gold prices slightly declined during Monday's trading due to the rise in the US dollar and US Treasury yields, with the price falling by 0.2% to reach $4,007.91 per ounce. Meanwhile, the dollar index and bond yields increased, putting additional pressure on the precious metal. Conversely, other precious metals saw limited gains, with silver rising by 1.2% to $56.55, and both opal and platinum experiencing slight increases, as investors continued to assess expectations regarding US monetary policy and its impact on the markets.
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