Gold Prices Rise As Dollar Decline

Dubai – (Massader News)

Gold prices rose on Thursday, as metal futures up by 0.06% to $ 1284.4 an ounce, as dollar fell, according to a report published by Mubasher.

The price of spot metal delivery rose by 0.2% to $ 1284 an ounce.

Gold prices have been affected by the dollar’s slide against major currencies due to concerns about the tax reform program.

A bill to reduce taxes is expected to be issued by the US Senate today, which is different from the draft of House of Representatives, according to Mubasher.

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