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The global gold price today, 3 December; An increase of 0.1 percent

The price of gold per ounce increased by 0.1% to $2,625 and 52 cents today.

According to Mehr News Agency to According to Reuters, the price of gold increased on Monday. The announcement of the American Federal Reserve’s cautious stance on interest rates next year caused a weekly decrease in the price of this precious metal.

The price of gold per ounce increased by 0.10% to $2,625 and 52 cents today. The price of gold futures on the COMEX market in New York has reached $2639 and 70 cents with a decrease of 0.20%.

The 0.25% interest rate cut at the December 18 meeting of the US Federal Reserve and the bank’s cautious forecasts regarding a slowdown in interest rate cuts in 2025 pushed gold prices to their lowest level since November 18 last week. delivered.

The drop in the dollar index and the yield of US Treasury bonds supported the price of gold on Friday, following the announcement of the inflation report in this country.

 

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