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Precious metals: the price of gold slightly increased

22/09/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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At the end of this week, the price of gold rose slightly following weak economic data in Europe and a week when the main central banks decided not to change their interest rates.

After three losing sessions, spot gold was up 0.3% at $1,924.70 per ounce, starting at 0951 GMT. U.S. gold futures rose 0.3% to $1,945.40. While falls in demand and new orders weighed on the eurozone's second-largest economy, France's dominant services sector contracted at an even faster pace in September

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Silver rose 1.2% to $23.65 per ounce and was about to have its best week in four years. Platinum gained 1.2% to $930.29 and palladium rose 1.1% to $1,276.80

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