Gold prices rise amid worsening US credit rating

Finance
  • 02 August, 2023
  • 06:32
Gold prices rise amid worsening US credit rating

Gold prices rose slightly on August 2 morning after a two-day decline, as well as after a downgrade of the US credit rating by Fitch Ratings, Report informs referring to the auction data.

The price of December futures for gold on the New York Comex exchange rose by $5.7 (0.29%) to $1,984.5 per troy ounce. September silver futures rose 0.54% to $24.457 an ounce.