The high price of gold – MTV Lebanon

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Gold prices rose as a new wave of Coronavirus infections threatened to slow down the global economic recovery from the Covid-19 pandemic, adding to the appeal of the yellow metal as a safe haven.

And gold in the spot market rose 0.2 percent to 1,906.83 dollars an ounce.

And rose in futures trading in the United States 0.2 percent to 1909.50 dollars.

The dollar index fell 0.1 percent against its rivals under strong economic data from China and South Korea, which makes gold cheaper for holders of other currencies.

As for other precious metals, palladium rose 1.3 percent to 2,381.86 dollars an ounce, while platinum rose 1 percent to $ 878.54.

Silver rose 0.6 percent to $ 24.47 an ounce.

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