On the world markets, gold prices fell yesterday despite strong pressure in the US after a senior Federal Reserve representative reaffirmed the central bank's intention to raise interest rates. and the new tariff series between the US and China officially entered into force.
|Gold price today (23/8) lower, the price of gold in the world|
|Gold price today (22/8) recovered after the US president criticized the Fed's increased interest rates|
World gold prices fell after the Fed official confirmed the intention to raise interest rates
|Artwork. Source: Anthony Bradshaw / Getty Images.|
The gold price stuck at $ 1,185.58 per ounce at 17.47 (Vietnam time). Meanwhile, the gold prices for delivery in December fell by 0.18 percent to $ 1,191.90 per ounce.
Gold prices fell yesterday amid strong pressure in the US after a senior Federal Reserve official reaffirmed that the central bank is planning to raise interest rates and a new set of rates. between the US and China officially in force.
Fed Chairman Jerome Powell will give a speech on 24 August, which is expected to signal the next rate hikes due to an unemployment rate of 3.9 percent and short-term inflation. 2% target percentage of the Fed.
Spot gold fell 0.7 percent to $ 1,187.30 per ounce by 0304 GMT, the highest settlement since August 13 at $ 1,201.51 per ounce in the previous session. .
American gold futures for delivery in December closed 0.8% at $ 1.19 per ounce, while the dollar strengthened against the main currencies.
Gold could not rise above the main psychological threshold of $ 1,200 per ounce on August 22 when the greenback recovered a day later.
"As the dollar strengthens again, gold prices will fall again," said Chris Gaffney, president of the global markets at TIAA Bank.
Spot silver dropped 1.2 percent to $ 14.56 per gram after hitting low consumption of $ 14.49 per gram per week. Similarly, platinum prices closed 1.7 percent to $ 778.40 per ounce, after a six-day decline to $ 771.75 per ounce.
According to Economics & Consumer