Gold prices increase overall by more than $ 18



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Direct: Gold prices rose sharply during the Tuesday trading, as the yellow metal gained more than $ 18 at the highest level in six years, due to political unrest.

Investors sought refuge in the world in the face of political and economic uncertainty, because of unrest in Hong Kong and political concerns in Argentina that pushed the local currency to suffer losses of more than 30%.

The yellow metal was also hit by losses in global equities as the Japanese stock market closed sharply, as European equities fell during the talks, as well as heavy losses for Wall Street at the end of the year. yesterday's session.

Data from the US CPI are expected later in the day.

At 8:50 am GMT, gold futures for December delivery rose 1.2 percent to $ 1,535.80 an ounce, gaining $ 18.60.

The yellow metal ended the session yesterday with $ 9 while he feared a slowdown in economic growth.

The cash delivery price for the yellow metal rose 0.8%, or the equivalent of $ 12.40 to $ 1,523.88 an ounce.

During the same period, the dollar index, which measures the performance of the currency against the six major currencies, increased by 0.2% to 97,555.

Direct (economy)

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