Baku 21° C
Gold price rises on weakening dollar
Finance
- 30 January, 2023
- 06:25
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of gold rose by 1% on Monday morning, Report informs.
The weakening of the US dollar against world currencies, especially against the yen, supports the quotes of the precious metal.
February gold futures on the New York Comex rose $19.35, or 1%, to $1,948.78 a troy ounce. March silver futures rose 0.63% to $23.77 an ounce.
At the same time, the dollar lost 0.3% against the yen and 0.1% against the euro. A cheaper dollar makes gold more affordable to buy in another currency.
Author
Latest News
00:04
80 people suffer food poisoning in Türkiye's Izmir
Region
23:40
UK ambassador summoned to Iranian Foreign Ministry over RAF Fairford claims
Region
23:06
Photo
Sabah beat Slavia 2-0 for historic Champions League victory
Football
22:46
Marta Kos: Albania's EU membership by 2030 is entirely possible
Other countries
22:25
Netherlands may need €9.5 billion to upgrade roads and railways for NATO
Other countries
22:12
Photo
Video
Sites of Memory of Western Azerbaijan: History of Arafsa in Zangazur
Domestic policy
21:54
Photo
Nakhchivan, ADB discuss Zangazur Corridor and regional projects
Tourism
21:27
Azerbaijani ambassador highlights energy cooperation with EU at Zagreb forum
Foreign policy
21:14
Mikayil Jabbarov highlights Azerbaijan-Turkmenistan role in Middle Corridor
Foreign policy