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Gold Prices Fall As Dollar Rebounds

Dubai – Massader News

Gold prices fell on Monday as the dollar recovered,  while the price of precious metal futures fell more than 0.4% to $ 1276.7 an ounce, according to a report published by Mubasher.

Gold spot delivery fell by 0.5% to $ 1274.1 an ounce.

US Senate approved the tax plan last Saturday, as the dollar recovered against most major currencies.

The dollar rose against the euro by 0.3% to hit 1.1858 dollars, and jumped against the Japanese yen more than 0.6% to 112.88 yen, according to Mubasher.

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