Washington – Ma’an – Gold prices rose in trading on Monday and reached a new historical peak with the decline of the dollar index.
In morning trading, futures for the precious metal rose 0.12% to $2,616.1 per ounce, the highest level in the history of trading for the metal.
Spot contracts also rose 0.17% to $2,582.04 per ounce, according to trading.
In the currency market, the dollar index, which measures the value of the US currency against a basket of major currencies, fell by 0.37% to 100.7390 points.
Source: Maan News Agency