June 12, 2023: Gold Rises, Digital Currencies Decline, and Oil Drops

Gold Rises as Dollar Weakens Before US Fed Rate Decision. Gold prices rose on Monday, June 12, as the dollar weakened while investors await US inflation data and the Federal Reserve’s decision on interest rates. Spot gold increased by 0.2% to $1,964.80 per ounce, while US gold futures rose by 0.1% to $1,979.5. The markets

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