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By 7:04 p.m. Tehran time, the price of buying cash per ounce of gold on the London Metal Exchange, Spot Gold, remained unchanged from last night's close price of $1,804 and 6 cents, according to Metal News. The pre-purchase price of an ounce of U.S. gold also dropped 0.1 percent from the previous night's close to $1,805 and 50 cents.
It should be noted that after the release of the growth report less than expected in August, the DOLLAR and US bond yields fell, which pushed gold prices higher. Spot Gold's price rose to $1,808 and 50 cents in last night's trading, the highest level in over a week. Also, US inflation data will cause uncertainty in the Fed's monetary plans for the future.
Ahan Pouya with more than a decade of best-selling experience, adheres to professional and ethical principles in the field of selling and buying at inside and outside the borders of Iran, helping you in the steel industry.
