Baku 19˚C Mostly cloudy

Gold has slightly increased in price

İnteresting 14:47 02 Nov, 2022
Gold has slightly increased in price

The price of gold rose slightly and exceeded $1,650 per ounce. reports with reference to stock exchanges that on the eve of the end of the meeting of the US Federal Reserve System (FED), the dollar is losing positions in the foreign exchange market.

  December gold futures rose by 0.24% or $3.95 on New York's "Comex" exchange and sold for $1,653.65 an ounce. The price of December futures of silver increased by 0.3% and amounted to 19,247 US dollars per ounce.

Currently, the dollar has depreciated significantly against other major world currencies, which may help gold to rise further.