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Precious Metals: Slight Decline in Gold Prices

March 16, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Precious Metals: Slight Decline in Gold Prices

Gold prices fell slightly today, Monday, affected by reduced hopes for a near-term cut in U.S. interest rates due to rising energy prices, while a weaker dollar helped limit losses. The price of gold in spot transactions decreased by 0.2 percent to $5007.58 per ounce. U.S. gold futures for April delivery fell by one percent to $5011.10. The dollar weakened slightly, making dollar-denominated commodities like gold less expensive for holders of other currencies.

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