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Gold prices rise on weak dollar
Finance
- 19 January, 2023
- 05:45
Gold prices rose moderately on January 19 morning under the influence of a weak dollar, Report informs referring to the auction data.
The price of February futures for gold increased by $4.3, or 0.23%, to $1,911.3 per troy ounce on the New York Comex exchange. March silver futures fell 0.34% to $23.567 an ounce.
The dollar index is down 0.04% to $102.32. A weak dollar traditionally supports gold prices.
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