Mubasher: The prices of gold declined during Friday’s trading activities, amid expectations of raising interest’s prices in the US.
Increasing prices of interest in the US will enhance the USD and returns on bonds, which stressed on gold prices.
By 7:41 am GMT, the prices of gold’s futures inched down 0.2% to reach $1,294.3 per ounce, while gold’s prices for spot delivery edged down 0.1%, reaching $1,290.8 per ounce.
