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The world price of gold today, November 15; 2,730 dollars and 6 cents per ounce of gold

The price of gold per ounce today (Tuesday, November 15) decreased by 0.25% to $2,730 and 6 cents.

reported by Mehr News Agency According to Reuters, when investors do not take risky actions on the eve of the US presidential elections and the Federal Reserve meeting of this country, the fluctuation of gold prices is also limited.

The price of gold per ounce decreased by 0.25% to $2,730 and 6 cents today. The price of gold futures in the Comex market of New York decreased by 0.31% to $2,737 and 60 cents.

KamalaHarris and Donald Trump, representatives of the Democratic and Republican parties of the United States, are in close competition in election polls that predict the outcome of the election. has made it difficult.

Analysts believe that it doesn’t matter who gets to the White House, in any case, the price of gold will increase. This precious metal may fluctuate a bit in the short term, but it looks like it will reach $3,000 by 2025.

The market is also focused on the outcome of the US Federal Reserve meeting, which is scheduled to be held on Thursday and will determine the direction of the country’s monetary policies. Markets expect the US Federal Reserve to cut interest rates by 0.25 percent this week, which will be the second rate cut this year.

Gold, which has always been a safe support in geopolitical instabilities, will perform well in a low interest rate environment.

Among other precious metals, silver fell 0.43 percent to $32.47 cents, and platinum traded down 0.01 percent to $985.77 cents.

 

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