the weakening US dollar makes the price of gold back up

in life •  7 years ago 

The US dollar appeal helped the gold price back up by almost 2 percent from the lowest level in the past month.

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Wednesday (14/2/2018) the price of gold in the spot market rose 0.4 percent to the level of US $ 1,327.52 per ounce at 1:34 London time. Earlier gold prices had touched the highest level in a week at US $ 1,330.89 per ounce.
As for US gold futures prices for April delivery closed up US $ 4 or 0.3 percent at US $ 1,330.40 per ounc

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Thanks