gold falls to over 10 month low
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Gold Falls to Over 10 Month Low

Egypt Today, egypt today

Egypt Today, egypt today Gold Falls to Over 10 Month Low

Gold prices dropped
New York - QNA

Gold prices dropped to their lowest in over 10 months on Thursday, with the dollar surging after the United States raised interest rates for the first time in a year and signalled further hikes for 2017. 
Spot gold had edged down 0.2% to $1,143.70, after earlier touching its weakest level since Feb. 3 at 1,134.71. 
US gold futures declined 1.7% to $1,143.70 per ounce. They earlier marked their lowest since Feb. 1 at $1,136.40 an ounce. 
The dollar hovered near a 14-year peak against a basket of major currencies on Thursday.

Source: QNA

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