Home
Listen to the news
The price of gold rose slightly today and the dollar weakened ahead of the much-anticipated speech tomorrow by the chairman of the Federal Reserve Board of the United States Jerome Powell at the symposium of central bankers in Jackson Hole, Wyoming, reported CBS.
In the spot market, gold rose 0.1 percent to $1,753 a troy ounce, while silver and platinum fell 0.2 percent and 0.1 percent to $19.13 and $876.16, respectively.
The strong dollar sent gold on a long losing streak
The dollar fell 0.2 percent, making gold less expensive for investors trading in other currencies.
US ten-year bonds maintained the record levels reached in the previous sessions.
trade
dollar exchange rate
gold rate