US gold rates today: September 22, 2022
US gold rates today: September 22, 2022
US gold prices fell 1% on September 22, as the US dollar rallied.
US gold prices fell 1% on September 22, as the US dollar rallied.
This has come after the Federal Reserve flagged additional rate hikes and diminished the zero-yielding metal’s appeal.
This has come after the Federal Reserve flagged additional rate hikes and diminished the zero-yielding metal’s appeal.
Spot gold was down 0.8% at $1,660.55 per ounce.
Spot gold was down 0.8% at $1,660.55 per ounce.
US gold futures were down 0.4% at $1,668.20.
US gold futures were down 0.4% at $1,668.20.
Investors are expected to favor other interest-yielding assets in a high-interest rate environment.
Investors are expected to favor other interest-yielding assets in a high-interest rate environment.
Spot silver decreased 1.2% to $19.36 per ounce.
Spot silver decreased 1.2% to $19.36 per ounce.
Platinum slipped 0.6% to $902.02.
Platinum slipped 0.6% to $902.02.
Palladium fell 0.4% to $2,145.60.
Palladium fell 0.4% to $2,145.60.
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