Gold prices fell today, amid a rise in the dollar, and growing expectations that the Federal Reserve (the US central bank) will temporarily suspend the monetary tightening cycle in the wake of another rate hike next month. The price of gold fell in spot transactions by 0.4 percent, and reached 1996.92 dollars an ounce (an ounce) by 06:12 am GMT, after rising 1 percent yesterday / Thursday /, and US gold futures fell 0.7 percent, and fell to 2005.70 dollars. . As for other precious metals, silver fell in spot transactions by 0.5 percent to $ 25.17 an ounce, and it is heading to record its first weekly loss in six weeks, and platinum decreased by 0.2 percent to $ 1090.91, while palladium rose 0.3 percent to $ 1590.65. And data published yesterday, Thursday, showed that more Americans are applying for unemployment benefits, and other data showed that factory activity in states located in the middle of the American coast on the Atlantic Ocean fell to the lowest level in almost three years in April.
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