Gold prices declined today, July 21, but they are heading for recording the third straight weekly gains.

 

This came amid a rise in the US dollar as the Federal Reserve is expected to increase the interest rate in the next meeting this month.

 

Gold prices for August delivery fell 0.24%, or $4.8, to $1,966.1 an ounce at 10:13 am Makkah time.

 

Spot prices decreased 0.3%, or $5.98, to $1,963.55.

 

Silver futures for September delivery fell 0.15% to $24.93 per ounce, and spot platinum prices stabilized at $959.63.

 

The dollar index, which measures the performance of the US currency against a basket of six major currencies, rose 0.12% to 101 points.

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Commodity Price

 
Gold
4,109.32
(1.12) (0.03%)
Silver
59.64
0.05 0.09%
PLATINUM
1,636.70
(58.80) (3.36%)
PALLADIUM
1,122.00
(7.50) (0.64%)

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