Recorded prices gold It declined slightly today, Friday, and is heading for the third weekly decline in a row, as the rise in the dollar and signals tending to tighten monetary policy issued by the Federal Reserve (the US central bank) negatively affected the metal, which does not generate a return.
Gold in instant transactions fell 0.5 percent to $4,189.26 per ounce by 00:43 GMT. US gold futures for August delivery fell 0.9 percent to $4,207.80.
The dollar remained near its highest level in a year, which increases the cost of gold priced in the US currency for holders of other currencies.
Lira and gold bullion (Reuters)
As for other precious metals, they fell Silver In spot transactions, it fell 0.8 percent to $65.32 per ounce, platinum fell 0.9 percent to $1,680.87, and palladium fell 0.5 percent to $1,272.
Oil tankers sailed through Strait of Hormuz The United States announced that it had lifted its blockade Iran Yesterday, Thursday, as a temporary agreement to end the war entered into force, although the main issues between the two countries remain unresolved.
Inflationary pressures resulting from the Iran war have become so high that central banks around the world can no longer ignore them. An increasing number of central banks, led by the US Federal Reserve, have either raised borrowing costs or indicated imminent steps to curb rising prices.
