Wednesday , March 3 2021

Gold prices fall in front of G20 summit



Gold prices fall in front of G20 summit
US gold futures fell 0.2%.

Source: Reuters

As the US-China trade dispute worsened before the G20 summit, gold prices fell on Tuesday, as investors expected signals to rise in the dollar in the future.

At 0702 GMT, the gold spot price was $ 1220.97, down 12 percent from one per ounce.

US gold futures fell 0.2%.

"Investors will not move until the Federal Reserve minutes are released and more visibility is revealed in the global trade dispute in front of the G-20," ANZ's analyst Daniel Haines said. Said.

The dollar index was close to its highest level since November 15 today.

Silver fell 0.1% to $ 14,217 an ounce on spot transactions.

Platinum increased 0.3% to $ 842.2 an ounce, while palladium rose 0.2% to $ 1.143.77 / ounce.


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