Gold prices stayed near a two-week high on Monday, after a U.S. jobs report from the previous week came in cooler than expected, which slightly eased expectations for interest rate hikes by the Federal Reserve. Spot gold held steady at $4,175.02 per ounce by 0028, marking a weekly rise of over 2% following four weeks Read More
Gold prices continued to decline on Wednesday, following a drop to a seven-month low in the prior session. The diminishing likelihood of a lasting U.S.-Iran peace agreement has intensified inflation worries and strengthened anticipations of Federal Reserve interest rate increases. Spot gold was down 0.6% at $3,981.69 per ounce, as of 0112, after hitting its Read More
Gold experienced a decline of more than 1% on Tuesday, positioning itself for a fourth consecutive monthly decrease. This movement comes as uncertainty in the Middle East yields to anticipations of U.S. interest rate increases aimed at controlling inflation. Spot gold experienced a decline of 1.5%, reaching $3,957.74 per ounce by 0112, positioning it for Read More
