Economy
Commodities Update — Gold prices flat; grains up on strong demand; copper falls
Follow-ups -eshrag News:
Mon, 2022-07-11 11:10
RIYADH: Gold prices were flat on Monday as a rising US dollar put pressure on demand for greenback-priced bullion and pinned it near the nine-month lows seen last week.
Spot gold held its ground at $1,741.84 per ounce at 0531 GMT.
US gold futures dipped 0.1 percent to $1,740.10.
Silver, Palladium fall
Spot silver fell 0.2 percent to $19.26 per ounce, while platinum slipped 1.2 percent to $886.22.
Palladium dropped 3.5 percent to $2,106.89 after rising nearly 10 percent on Friday.
Grains surge
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