Gold prices rally as US dollar retreats

Gold prices retreated from a one-week high today, Dec. 21, after rising more than 1% in the previous session, amid a marginal hike in the US dollar.

 

Gold futures for February delivery shed 0.11% to $1,823.4 an ounce at 12:54 pm Makkah time, with spot prices also down 0.23% to $1,813.68 per ounce. Likewise, silver futures for March delivery declined 0.66% to $24.11 an ounce.

 

Further, the spot price of platinum contracted by 1.43% to $997.61 per ounce, in tandem with a 1.75% drop in the spot price of palladium to reach $1,701.87 an ounce.

 

The National Health Commission (NHC) said China — the world’s largest gold consumer — reported zero new COVID-related deaths on Dec. 20.

 

On the same day, Swiss customs data showed that the pace of Swiss gold shipments to Asia and the Middle East slowed in November on soaring prices.

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
4,377.29
36.28 0.84%
Silver
66.44
1.02 1.56%

Popular Links

Quick Links

Join Us

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