Gold rises with the decline of the US dollar

Gold prices rose today and it is expected that gold prices will continue to rise to surpass the $ 1900 barrier an ounce with the decline of the US dollar in addition to the decline in the 10-year US Treasury yields to 1.604%. Spot gold rose 0.2% to $ 1883.25 an ounce, after hitting its highest level since January 8 at $ 1889.75 last week, and US gold futures rose 0.4% to $ 1884.30 an ounce.

As for the other precious metals, silver rose by 0.8% to $ 27.74 an ounce, and platinum rose by 0.5% to $ 1172.45 an ounce, and palladium recorded $ 2782.43 an ounce.