hot gold prices to its lowest level in 3 weeks yesterday, with the rise of the dollar andTreasury yields After strong US economic data and increasing bets on an increase in interest rates in the United States, sooner than expected, according to the CNBC Arabic website.
And gold fell in spot transactions 0.28% to $ 1784.70 an ounce, in late trading session, after falling to its lowest level since the fourth of November at $ 1777.80 earlier in the session.
And US gold futures settled at $1,784.30 an ounce.
The precious metal fell below the key level of $1800 this week as the reappointment of Federal Reserve Chairman Jerome Powell for a second term confirmed bets on faster monetary tightening and boosted the dollar.
The rise of the dollar makes the yellow metal more expensive for holders of other currencies.
Among other precious metals, spot silver fell 0.85% to $23.45 an ounce, while platinum rose 0.65% to $975.33. And palladium fell 0.96 percent to $ 1850.18.