Gold prices rose by more than 1% on Monday, supported by a weakening dollar and lower oil prices, as investors contemplated the possibility of advancements in U.S.-Iran peace negotiations. Spot gold rose by 1.4% to $4,570.88 per ounce as of 0045. Gold futures in the U.S. for June delivery rose by 1.1% to reach $4,572.90. Read More
Gold remained stable on Tuesday as the dollar declined and crude oil prices decreased following U.S. President Donald Trump’s decision to halt a planned military action against Iran, alleviating worries about inflation and sustaining elevated interest rates. Spot gold held steady at $4,565.40 per ounce, as of 0103, after experiencing a decline to its lowest Read More
Gold and silver continued to rise on Monday as the dollar experienced a decline, while investors looked ahead to an important U.S. labor market report scheduled for later in the week to assess the direction of interest rates. Spot gold increased by 1.4% to $5,029.09 per ounce as of 0037, following a nearly 4% rise Read More
