Gold retreats from the highest level in a year with the rise of the dollar before US data


Gold prices retreated from their highest levels in a year today, as the dollar regained some strength while investors await the US non-farm payrolls report to assess the Federal Reserve’s monetary policy strategy.
And gold fell in spot transactions by 0.3%, to $ 2014.26 an ounce, after it reached its highest price since March 2022 yesterday, “Wednesday.” US gold futures fell 0.3% to $2,029.80.
As for other precious metals, silver lost 0.7% to $24.81 an ounce, while platinum rose 0.5% to $1001.67, and palladium fell 0.2% to $1426.95.


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