Gold remains close to $ 1,800

The price of gold hovered around $ 1,800 per ounce on Thursday before the end of the year holidays, despite the fact that the dollar strengthened and the appetite for riskier assets improved due to less fear of the consequences of the variance Omicron from coronavirus.

Spot gold was up 0.4% to $ 1,809.89 per ounce, while US gold futures gained 0.5% to $ 1,811.70 per ounce.

“This is just noise on a low-volume day before Christmas,” said Daniel Pavilonis, a senior market strategist at RJO Futures, adding that next year will be good for gold, especially since inflation is likely to continue. being tall.

Spot silver was up 0.5% at $ 22.89 an ounce and platinum was up 0.8% at $ 972.84; palladium advanced 3.3% to $ 1,943.68 an ounce and was up 9.2% on the week.



Reference-www.eleconomista.com.mx

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