Gold declined on Friday following a 2% drop in the previous session, as Brent crude’s rise above $100 a barrel heightened inflation worries and bolstered the argument for increasing interest rates. Spot gold declined by 0.1% to $4,042.77 per ounce as of 0110, reflecting a decrease of over $120 from the two-week high reached on 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
