Commodities
Weaker Dollar Index Boosts Gold Prices Amid Inflation Data Anticipation
The price of gold rose by 0.1% to $4,407.27 per ounce on September 8 due to a weakening US dollar index.
This made dollar-denominated metals more affordable for holders of other currencies, according to Asharq Al-Awsat.
Market participants are awaiting the release of the US producer price index on Thursday and the consumer price index on Friday, which may affect expectations regarding the US Federal Reserve's next decision.