Gold bars
Gold prices declined for the second straight session amid a rise in the US dollar.
However, the precious metal is set to end the year with gain of more than 20%.
Gold futures for February delivery dropped 0.5%, or $13.8, to $2,618.10 per ounce.
The dollar index – which measures the greenback against a basket of six major currencies – fell 0.1% to 108.08 points at 10:27 pm Makkah time.
Expectations for major shifts in the US policy in 2025 have grown, including potential tariffs, deregulation, and tax changes, as President-elect Donald Trump prepares to take office next January.
This prompted Federal Reserve Chairman Jerome Powell earlier this month to adopt a cautious stance against further interest rate cuts.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}