Gold retreats after scaling over 2-month peak

Gold Retreats After Scaling Over 2-month Peak

Gold fell on Thursday, as investors booked profits after prices climbed to a more-than-two-month ‌peak. Spot gold slipped 0.6 percent to $4,495.69 per ounce by 03:31 GMT. Earlier, it reached $4,525.79, its highest since 2nd June, after a more than 4 percent advance on Wednesday.

Among other metals:

  • Silver gained 0.2 percent to $67.07 per ounce.
  • Platinum dropped 1.3 percent to $1,802.29.
  • Palladium slid 0.2 percent to $1,328.06.

Facebook | Twitter | Reddit | Pinterest | Whatsapp

Related Topics:

  • June
  • Gold
  • Silver

Recent Stories from Middle East:

  • GCC Secretary General praises UAE mediation in successful Russia-Ukraine prisoner exchange
  • UN Secretary-General announces preparations for ‘5+1’ meeting on Cyprus
  • Arab League Secretary-General condemns Israeli airstrikes on Syria’s Abu al-Duhur
  • Arab Parliament Speaker condemns Israeli airstrikes on Syria
  • Discover Abu Dhabi Festival to take place in Moscow
  • Rakan Alyammahi strikes gold as UAE takes IMMAF Youth World Championships medal
  • Minister for Information and Broadcasting Attaullah Tarar announces major diesel price cut

More Stories From Middle East

  • China activates Level IV emergency response for thunderstorms
  • SpaceX launches its 100th mission of the year, sends Starlink satellites to orbit
  • Moderna shares double after experimental mRNA cancer treatment passes key test
  • Rescue mission called off for NASA’s aging Swift space telescope
  • Ebola cases in Congo exceed 5,000, government data shows
  • Wall Street rises as yields ease
  • US national debt exceeds $40 trillion
  • Austria asylum applications drop to 10-year low

About Us | Contact Us | Disclaimer | Privacy Policy | Advertisement

Our Network:

  • PakistanPoint
  • English News
  • Arabic News
  • Car Prices
  • Breaking News
  • Live Tv Channel

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *