Gold prices rose to a near three-week high on Wednesday as markets recalibrated their assessment of near-term risks following U.S. President Donald Trump’s decision to suspend bombing and attacks on Iran for two weeks, thereby alleviating concerns regarding energy-driven inflation. Spot gold increased by 2.3% to $4,812.49 per ounce, as of 0215. Earlier in the Read More
On Thursday, gold prices hit a two-week peak, supported by a weakening dollar and signs of easing tensions in the Middle East conflict, potentially reducing inflationary pressures. Market participants are eagerly anticipating comments from U.S. President Donald Trump. Spot gold saw a rise of 0.7%, hitting $4,790.29 per ounce as of 0034, the highest point Read More
On Thursday, gold saw a rise, fueled by the intensifying conflict in the Middle East, leading investors to turn to this safe-haven asset. Furthermore, a declining dollar played a role in driving bullion prices higher. Spot gold rose by 0.8% to $5,176.69 per ounce as of 0101. Gold futures in the U.S. for April delivery Read More
Gold prices increased by as much as 2% on Monday following significant military actions by the U.S. and Israel against Iran, resulting in the death of Supreme Leader Ayatollah Ali Khamenei. This development has heightened geopolitical tensions and intensified global economic uncertainty. Spot gold increased by 1.72% to $5,368.09 an ounce, as of 0010, reaching Read More
Spot gold continued its unprecedented ascent on Thursday, approaching the $5,600-per-ounce threshold as investors turned to safe-haven assets in response to geopolitical and economic pressures, while silver nearly surpassed the $120 level. Spot gold increased by 2.1% to $5,511.79 an ounce, as of 0039, following a peak of $5,591.61 earlier in the day. Analysts noted Read More
Gold prices surpassed the $5,000 threshold for the first time, despite the closure of Indian commodity markets on Monday (January 26) in observance of Republic Day, achieving an intraday peak of $5,091.5 an ounce in international markets. The yellow metal experienced a notable increase of 2.2%, equating to $111 per ounce, in early trading as Read More
