Gold fell as fears of raising US interest rates worsened after the OPEC+ decision


Gold prices fell after the OPEC Plus decision to cut oil production, which raised concerns about inflation and increased bets on raising interest rates at the next Federal Reserve (US Central Bank) meeting in May.
And gold prices fell in spot transactions today, 0.8%, to 1951.37 dollars an ounce, which is the lowest level in about a week.. US gold futures contracts also fell 0.9%, to 1968.20 dollars.
As for other precious metals, spot silver fell 2.1% to $23.56 an ounce, platinum fell 1% to $981.89, and palladium fell 0.7% to $1449.94.


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