Gold falls to its lowest level in more than two weeks

Bethlehem – Ma’an – Gold prices fell 1% to their lowest levels in more than two weeks today, Wednesday, affected by the rise in the dollar and bond yields, while investors await US inflation data scheduled to be released this week.

By 14:03 GMT, gold in spot transactions fell 0.9 percent at $2,299.40 per ounce, recording its lowest levels since June 10.

US gold futures fell 0.8 percent to $2,311.30.

Source: Maan News Agency

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