Gold prices continue to fall today, Friday, after dropping by around 2% in the previous session. Brent crude returned to trading above the $100 per barrel level, raising concerns about a return of inflationary pressures and strengthening expectations that US interest rates will remain high, ahead of next week’s Federal Reserve monetary policy meeting:
🔻 Gold falls in spot trading by 0.5% to $4,024.75 per ounce
🔻 Gold futures fall by 0.6% to $4,025.90
#GOLD_UPDATE
🔻 Gold falls in spot trading by 0.5% to $4,024.75 per ounce
🔻 Gold futures fall by 0.6% to $4,025.90
#GOLD_UPDATE