Lower gold prices as the dollar rise

Al- Anbat - Seham Qasem

Gold metal prices fell on the global market during today's trade and lost about $16.5 in immediate transactions as the US dollar rose.

According to the global economic website FX, gold in the instant market fell 0.85% and is equivalent to $16.51 to reach $1953.28 per ounce.

Gold contracts for June 2023 delivery fell 0.82% and are equivalent to $ 16.25 to reach $ 1970 per ounce.

Silver fell 1.63% to $ 23.76 and platinum fell 0.81 % to $ 992.15 while palladium fell 0.2% to $1452.53.