Gold rises on weaker U.S. dollar
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E-mail Xinhua, September 22, 2021
CHICAGO, Sept. 21 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday as the U.S. dollar weakened.
The most active gold contract for December delivery rose 14.4 U.S. dollars, or 0.82 percent, to close at 1,778.2 dollars per ounce.
Traders are also positioning ahead of the Federal Reserve's monetary policy meeting statement to be released at the conclusion of the two-day meeting on Wednesday.
U.S. Commerce Department reported on Tuesday that U.S. house construction was at a seasonally adjusted annual rate of 1.62 million units in August, up 3.9 percent from July's upwardly-revised pace.
Silver for December delivery rose 40.7 cents, or 1.83 percent, to close at 22.611 dollars per ounce. Platinum for October delivery rose 51.6 dollars, or 5.74 percent, to close at 950.8 dollars per ounce. Enditem
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