Gold rises as appetite increases after the dollar's decline

Gold recorded further gains above $ 1900. Reuters

Gold rose yesterday, thanks to the dollar's decline, to record more gains above the important $ 1900 level, after a sharp retreat earlier in the week from its highest levels ever.

And gold increased to 1939.7 dollars an ounce, after falling from the level of 1900 dollars an ounce in volatile transactions. And the prices recorded a record high of 2072.5 dollars an ounce last Friday.

US gold futures fell 0.5% to 1938.9 dollars an ounce, while the dollar index fell 0.2% against the rest of the currencies, which makes gold less expensive for holders of other currencies. As for the rest of the precious metals, silver rose 0.8% to 25.76 dollars an ounce, while platinum rose 0.4% to 934.95 dollars an ounce.

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