List of content
Gold rises above $1,800 on weak dollar
2021-09-14 20:37:36 GMT
(Economies.com)
Gold prices rose on Tuesday, as the US dollar fell against most currencies, after the release of disappointing economic data.
The US consumer price index rose by 0.3% in August, lower than forecasts of 0.4%.
The core reading (excluding food and fuel prices) rose by 0.1%, lower than forecasts of 0.3%.
Investors are anticipating the next move of the US Federal Reserve, especially after hinting at reducing the size of its bond-buying program before the end of 2021.
The dollar index fell against a basket of major currencies by 0.2% to 92.4 points as of 19:12 GMT, after hitting a high of 92.6 points and a low of 92.3 points.
As of 19:13 GMT, gold spot prices rose 0.6% to $1,805.3 an ounce, with a high at $1810.6 and a low at $1,780.6.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1732
|
0.0018
|
0.1545%
|
|
|
|
|
1.3704
|
0.0028
|
0.2066%
|
|
|
|
Tadawul
|
11270.57
|
-40.58
|
0.36%
|
|
|
|
|
22.660
|
0.359
|
1.610%
|
|
|
|
|
73.320
|
2.387
|
3.365%
|
|
|
|
|
77.56
|
0.31
|
0.40%
|
|
|
|
|
1753.845
|
-2.960
|
0.169%
|
|
Live Forex Updates
2021-09-23 18:11:11 GMT
2021-09-23 12:58:05 GMT
2021-09-22 18:00:34 GMT
2021-09-22 15:06:08 GMT