Gold prices saw a marginal rise today, Aug. 24, with the main dollar index stable as investors await clues on the US Federal Reserve's path to monetary tightening, which could appear at the Jackson Hole meeting.

 

Gold futures for December delivery surged slightly by 0.11% to $1,763.1 an ounce at 11:44 am Makkah time. Similarly, spot prices gained 0.17% to $1,751.14 per ounce.

 

Silver futures for September delivery, meanwhile, shed 0.29% to $19.07 an ounce. The spot price for platinum settled at $885.63 per ounce, with the spot price of palladium up 0.33% to $1,992.03 per ounce.

 

The main dollar index, which measures the performance of the US currency against a basket of six currencies, settled at 108.674 points.

 

Minneapolis Fed Chairman Neil Kashkari said that the US central bank should tighten monetary policy to control inflation again.

 

Figures for US durable goods orders and new home sales are expected to be released later today.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Commodity Price

 
Gold
5,162.08
91.57 1.80%
Silver
84.32
2.29 2.79%
PLATINUM
2,144.20
12.40 0.58%
PALLADIUM
1,660.00
12.40 0.75%

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request