• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
Quilla NewsFinance & Technology
ENES

Gold trades at US$4,171.65 per ounce, driven by falling oil prices

FinanceInternationalLa República15 s readAI summary

Gold is trading at US$4,171.65 per ounce, driven by falling oil prices, according to La República. The outlet notes that while gold is often seen as a hedge against inflation, rising interest rates reduce the appeal of this asset, which pays no interest.

Read the full story at La República

IASummary generated by artificial intelligence from a story by La República. It may contain errors: the original source prevails.

More flashes