Gold climbs to its lowest level in 3 weeks



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A homelandGold prices rose Thursday against a three-week low in the previous session, as metal prices fell sharply and the dollar fell after a multi-month high, boosting oil prices. purchases.

At 7:44 GMT, the spot gold price rose 0.8% to $ 1222.41 after falling for three consecutive sessions.

Gold has hit its lowest level since Oct. 11 at 1211.52 dollars an ounce on Wednesday.

Futures on US gold rose 0.9% to 1225.4 dollars an ounce.

The dollar index, which tracks the performance of the greenback versus a basket of six major currencies, fell 0.4% after hitting a 16-month high in the previous session.

For other precious metals, platinum rose 1.4% to $ 847.50 an ounce, after peaking at an unprecedented $ 849.50 an ounce in two weeks.

Silver increased 1.2% to 14.40 dollars an ounce.

Palladium rose 0.6% to $ 1,085.13 per ounce.

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