Gold Falls , Dollar Rises

Gold prices fell today after one day of their rise to the highest level in nine years with the gains of the US currency and after the decline in jobless claims in the United States more than expected last week.

Spot gold fell 0.6% to $ 1799.23 an ounce after hitting its highest level since September 2011 at $ 1817.71 as US gold futures fell 0.9% at $ 1803.8 an ounce.

As for other precious metals, silver fell 0.9% to $ 18.61 an ounce after recording its highest level since September 2019 at $ 19.02, as platinum fell 2.3% to $ 824.41 while palladium rose 1.1% to $ 1936.51.