[ad_1]
<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = "
A perspective bullish for the US economy in its speech to the Banking Committee of the Senate, as markets expect to raise interest rates twice again this year as economic growth continues [19659001At17:36GMTthespotpriceofgoldfell11%to$122691anounceafterreachingitslowestlevelsinceJulyat122558[] 19659002] American gold futures for delivery in August fell $ 12.40, or 1%, to settle at $ 1227.30 an ounce.
Money fell 0.9% on spot transactions to $ 15.60 an ounce, and fell earlier to $ 15.51, its lowest price since July 2017.
Platinum fell 1.2 percent to $ 812 an ounce, its lowest level in one week at $ 808.89. Palladium dropped 0.4% to $ 913.50 an ounce after falling to $ 905.05, its lowest since April 9th.
"
Powell gave an optimistic view of the US economy in his speech before the Senate Banking Committee, Interest rates rose twice this year due to sustained economic growth
The dollar, the gold pricing currency, is appreciated against a basket of currencies during the certificate, increasing the cost of the metal to non-US investors. The spot price of gold was down 1.1% to $ 1226.91 an ounce, having hit its lowest level since the month of July at $ 1225.58 and the metal in decline of more than 5% since the beginning of the year, the price of US gold fell by 12.40 dollars, or 1%, to 1227.30 dollars an ounce. 39, silver fell 0.9% in the spot trade to $ 15.60 an ounce and dropped to $ 15.51, its lowest since July 2017.
Platinum lost 1, 2% to $ 812 l & # 3 9 ounce, its lowest level in a week at $ 808.89. Palladium dropped 0.4 percent to $ 913.50 an ounce after falling to $ 905.05, its lowest since April 9.
