Price of gold falling

Price of gold falling
Price of gold falling

Amid concerns about a new strain of coronavirus, the value of gold in the world market has declined.

According to, the price of February gold futures on the New York Comex Exchange fell by 0.15% to $ 2.75 and stood at $ 1802.15 an ounce.

After an increase of the previous two days, the price moved to a corrective decrease.

It should be noted that the rise in the price of gold in the US was caused by rising inflation and the devaluation of the national currency.

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