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Gold prices grow $5.7
Finance
- 17 December, 2021
- 06:58
Gold prices on December 17 morning rose amid the depreciation of the US dollar against world currencies, Report informs referring to the auction data.
At the opening of trading, the price of February gold futures on the New York Comex Stock Exchange rose 0.32%, or $5.7, to $1,803.7 per troy ounce.
The dollar index (the dollar exchange rate against a basket of currencies of six countries - the main trading partners of the US) decreased by 0.12%, to b points. The cheapening of the dollar supports the value of gold, which in this case becomes more affordable when purchased in another currency.
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