Sunday, November 24, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

U.S. dollar drops, gold prices ramp up by 0.4 percent

London, Oct 25 (Prensa Latina) Gold price rose Tuesday by 0.4%, following a drop in USD closely related to rising forecasts of possible low pace of interest rate hikes in the United States.

Shortly after midday, spot gold on the London Metal Exchange rose to $1,654.58 per ounce. Meanwhile, in the United States gold increased 0.2% to be getting on $1,658 dollars.

As to spot silver, it rose 0.4% to $19.34 per ounce, platinum lowed 0.8% to $917.53 and palladium dropped 2.1% to $1,926.75.

On Tuesday, the USD index was down about 0.9%, making gold less expensive for foreign buyers.

pll/jha/att

LATEST NEWS
RELATED