Gold records its largest annual decline since 2015

Gold records its largest annual decline since 2015
Gold records its largest annual decline since 2015

T + T – normal size

Gold futures prices recorded a rise at the close of trading on Friday, the last day of this year, to reach their highest level in 6 weeks, but prices recorded during the current year as a whole their largest annual decline since 2015.

In the exchange markets, the dollar value index fell against other major currencies to 95.57 points, down by 0.4 percent from its level the day before yesterday.

The yellow metal ended the trading day with an increase of $14.50, or 0.8 percent from its level yesterday, to reach $1828.60 an ounce for delivery next February.

During the week ending today, the price of gold recorded a cumulative increase of 0.9% compared to the previous week, and during the month it rose by 2.9%. On the other hand, the price of gold fell during the current year as a whole by 3.6 percent from last year, which is the largest annual decline since 2015.

At the same time, the price of silver rose today by 0.292 dollars to 23.352 dollars per ounce for delivery next March, and the price of copper rose by 0.0710 dollars to 4.4635 dollars per pound for delivery next March.

Follow the economic statement via Google News
Follow the economic statement via Google News

Print
Email

Twitter
LinkedIn
Pin Interest
Whats App

These were the details of the news Gold records its largest annual decline since 2015 for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Egypt to increase funds for health sector by 25% in upcoming budget

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]