Gold prices on global markets declining

Gold prices are rising on November 23 morning after four trading sessions of decline, Report informs referring to the auction data.

As of 9:42 a.m. (GMT+4), the price of December gold futures on the Comex New York stock exchange grew by 0.11%, or by $2.05, to $1,808.35 per troy ounce. December silver futures fell 0.1% to $24.3 an ounce.

Over the previous four days, gold has fallen in price by about 3.5%. This sharp decline came amid news from the US that President Joe Biden re-nominated Jerome Powell as head of the Fed.