Gold Prices Fell

Gold prices fell during trading Wednesday, coinciding with the strength of the dollar and rising stock markets and before the announcement of economic data.

By 7:40 am GMT, the price of gold futures for December delivery fell 0.3 percent to $ 1211 an ounce.

While the price of spot delivery of the yellow metal at 1204.58 dollars an ounce by 0.3%

The US currency was able to record gains, rising from a one-month low. During that period, the main dollar index, which measures the performance of the currency against six major currencies, rose by 0.09% to 94.805.

Global equity markets are gaining ground, with European shares rising at the start of trading today, and Japanese stocks were the seventh straight gainers.

US stocks are also rising at record highs, with the NASDAQ gaining the highest level ever at the end of trading yesterday.

Second-quarter economic growth data is scheduled for the second quarter of the year later in the day.

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