Now Reading
Gold Depreciates After Touching One Year Highs

Gold Depreciates After Touching One Year Highs

Gold is losing slightly, after rising nearly 3% in the last two sessions, as investors assess the mixed signals from the US Federal Reserve’s monetary policy meeting, which opted this Wednesday, March 22, for a 25 basis point hike in key interest rates.

The yellow metal is down 0.42% to 1985.11 dollars per ounce.

This week gold has traded near two thousand dollars an ounce, the highest value in a year, at a time when it has benefited from the crisis in banking.

Diário Económico

SUBSCRIBE TO GET OUR NEWSLETTERS:

See Also

SUBSCRIBE TO GET OUR NEWSLETTERS:

Scroll To Top

We have detected that you are using AdBlock Plus or other adblocking software which is causing you to not be able to view 360 Mozambique in its entirety.

Please add www.360mozambique.com to your adblocker’s whitelist or disable it by refreshing afterwards so you can view the site.