HIBAPRESS – Agencies
Gold recorded its highest level in more than three weeks on Monday, February 23, supported by a decline in the dollar, following the US Supreme Court's decision on Friday, February 20, to cancel a large part of the tariffs imposed by President Donald Trump.
Thus, gold in spot transactions rose by 1.2 percent, reaching $5,163.60 per ounce, recording its highest level in more than three weeks. The US gold futures contracts (April delivery) also rose by two percent, reaching $5,184.90. As for other precious metals, the price of silver in spot transactions rose by 3.1 percent to $87.10 per ounce, its highest level in more than two weeks. The price of platinum in spot transactions also increased by 1.2 percent to $2,182.60 per ounce, while palladium rose by 0.5 percent to $1,753.75.
