Gold price falls globally

Gold price falls globally
# 06 March 2023 09:59 (UTC +04:00)

The yellow metal prices were lower on Monday as central banks indicated further interest rate hikes to tame stubbornly high inflation, diminishing bullion’s appeal as a hedge against price increases, APA reports citing Financial Express.

Spot gold was down 0.1% at $1,853.99 per ounce, after climbing to its highest since 15 February on Friday. U.S. gold futures rose 0.3% to $1,859.90.

#
#

THE OPERATION IS BEING PERFORMED