Gold price falls significantly: hope of falling interest rates is fading


London – The price of gold has fallen significantly again due to speculation on stable interest rates in the USA. On Thursday, a troy ounce (about 31.1 grams) was traded on the London Stock Exchange at 4,684 US dollars (4,073.04 euros), about 135 dollars lower than the previous day. The price of gold already fell significantly on Wednesday because hopes of falling interest rates are dwindling.



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