Tag: Gold Reaches a One-Year low

Gold Reaches a One-Year low
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Gold Reaches a One-Year low

Due to the rise in the US dollar index and prospects of more aggressive interest rate hikes, gold reaches a one-year low on Thursday.   The price of Spot gold fell about 0.2% to $1,693.90 per ounce by 0052 GMT. While in August 2021 the price was trading at $1691.40 per ounce. The dollar stayed below […]