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increase in global gold prices; Each ounce reached 2,330 dollars and 67 cents

The price of gold per ounce today is trading at $2,330 and 67 cents with an increase of 0.05%.

reported Mehr reporter quoted Reuters, the price of gold increased today Tuesday following the publication of the economic data of the United States. According to this information, consumer spending decreased due to the lower than expected retail sales report, thus increasing the possibility of an early interest rate cut by the US Federal Reserve.

The price of one ounce of gold is traded today with an increase of 0.05%, $2,330 and 67 cents, and the price of gold futures in the market While most US central bank officials have taken a neutral stance, the decline in the 10-year US Treasury bond yield has raised the possibility of an early interest rate cut.

The dollar index decreased by 0.05% and made buying gold cheaper for holders of other world currencies.

Among other precious metals, silver was down 0.01% at $29.56 and platinum was up 0.13% at $977.97.

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© Webangah News Hub has translated this news from the source of Mehr News Agency
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