Gold experienced a decline on Monday, continuing the downward trend from the prior session amid concerns regarding U.S. interest rate hikes. In contrast, escalating tensions in the Gulf region led to an increase in oil prices, heightening inflation worries. Spot gold decreased by 0.2%, reaching $4,321.49 per ounce as of 0124. Prices declined approximately 3% Read More
Gold prices fell on Friday, setting the stage for a weekly loss, as rising tensions in the Middle East dampened hopes for a U.S.-Iran peace deal, alongside growing inflation and worries about possible interest rate increases. Spot gold fell by 0.3%, trading at $4,462.22 per ounce, as of 0049. It has decreased by about 1.6% Read More
Gold prices experienced an uptick on Thursday, buoyed by declining crude oil prices and a softer dollar, as investors evaluated the revitalised hopes for a resolution to the U.S.-Israeli conflict involving Iran. Spot gold increased by 0.7% to $4,461.09 per ounce, as of 0218. U.S. gold futures for August delivery increased by 0.5%, reaching a Read More
Gold prices fell on Wednesday, affected by the renewed conflicts in the Middle East, which also caused crude oil prices to rise. This development has heightened worries about the ongoing presence of high interest rates as a strategy to manage inflation. Spot gold fell by 0.2%, settling at $4,476.50 per ounce as of 0103. Gold Read More
Gold prices held steady on Tuesday as investors assessed a partial ceasefire between Hezbollah and Israel, while awaiting further details on U.S.-Iran negotiations, amid growing concerns about inflation and possible interest rate hikes. Spot gold held steady at $4,484.49 per ounce, as of 0048. Gold futures in the U.S. rose by 0.2%, reaching $4,514.30. On Read More
Gold inched lower on Monday, influenced by a stronger dollar and rising oil prices, as investors awaited U.S. President Donald Trump’s decision on a proposed deal to extend the ceasefire with Iran. Spot gold experienced a decline of 0.2%, trading at $4,527.36 per ounce as of 0156, following a rise to a two-week high in Read More
Gold prices saw a modest rise on Friday as investors assessed reports about a ceasefire agreement between the U.S. and Iran, amid growing concerns about inflation and possible increases in U.S. interest rates. Spot gold increased by 0.4% to $4,512.79 per ounce, as of 0113. The metal has seen a rise of about 0.1% for Read More
Gold saw a drop on Thursday, affected by fresh U.S. military operations in Iran that caused oil prices to rise. This development has raised worries about inflation and has introduced uncertainty about the direction of interest rates. Spot gold declined by 0.8% to $4,419.60 per ounce, as of 0129. Gold futures in the U.S. for Read More
Gold experienced an uptick on Wednesday, bolstered by a declining dollar, as investors sought indications of advancement in peace negotiations between the United States and Iran, while also evaluating the trajectory of monetary policy from the U.S. Federal Reserve. Spot gold increased by 0.2%, attaining a value of $4,516.76 per ounce, as of 0051. Gold Read More
Gold experienced a decline on Tuesday, influenced by the recent U.S. military operations in Iran, which led to an increase in oil prices. This development has raised concerns regarding inflation and the potential for sustained elevated interest rates. Spot gold decreased by 0.6% to $4,544.33 per ounce, as of 0049. Gold futures in the U.S. Read More
