The price of gold fell

The price of gold has fallen in the international market. The price of the precious metal fell as stock markets around the world rose and the dollar strengthened.

On Thursday (March 30), citing the news agency Reuters, this information was reported in a report of the Business Recorder.

According to the report, investors are worried about the banking sector due to the fall in stock market prices around the world. In this context, the international benchmark gold spot price has decreased by 0.5 percent. The price per ounce was fixed at 1,964 dollars 41 cents.

On the other hand, the US benchmark gold supply price was down 0.4 percent. The price settled at 1,965 dollars 50 cents per ounce.

Bob Haberkorn, senior market expert at RJO Futures, said global stock markets have strengthened. There was no new bad news about any bank. As a result, the strength of the dollar has reduced the price of gold.