Gold prices rose on Monday, with the US dollar approaching its highest levels since early April, and amid concerns about the economic impact of the outbreak of the Delta strain of COVID-19.

 

Spot gold rose 0.3%, or $4.8, to reach $1,806.9 per ounce, while gold futures contracts for December delivery gained 0.3%, or $5.2, to reach $1,811.1 per ounce, by 09:55am Makkah time.

 

Elsewhere, silver futures for September delivery rose 0.3% to reach $25.32 per ounce, platinum increased 0.25% to reach $1,066.22 per ounce, while palladium fell 0.52% to $2,662.67 per ounce.

 

Financial markets are awaiting this week's Federal Open Market Committee meeting, during which it will discuss when and how to ease monetary stimulus.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request