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Gold rising in price amid weakening US dollar
Finance
- 10 December, 2021
- 06:44
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Gold prices on December 10 morning rose against the background of the depreciating US dollar, with investors waiting for data on inflation in the US, Report informs referring to the auction data.
The price of February gold futures on the New York Comex stock exchange rose 0.06%, or $1, to $1,777.8 per troy ounce.
The precious metal is increasing in price against the background of a weak dollar exchange rate, the index of which (the dollar exchange rate against a basket of currencies of six countries - the main trading partners of the US) decreased by 0.09%, to 96.19 points.
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