Gold experienced an increase exceeding 1% on Thursday, recovering losses incurred in the prior session, as oil prices declined following the signing of an interim agreement between the U.S. and Iran aimed at concluding their conflict. Spot gold increased by 1.5% to $4,322.41 per ounce as of 0102, following a decline of 1.7% on Wednesday. Read More
Gold edged higher on Wednesday, extending gains for a fifth consecutive session, as optimism surrounding the U.S.-Iran peace deal alleviated concerns regarding interest rate hikes. Meanwhile, investors remained attentive to forthcoming details on the deal and the Federal Reserve’s policy meeting. Spot gold increased by 0.4% to $4,348.93 per ounce, as of 0107. U.S. gold Read More
Gold prices held steady on Tuesday, after reaching a high not observed in more than a week during the prior session. Investors are eagerly awaiting more details about the U.S.-Iran peace agreement. Spot gold rose by 0.1% to $4,311.36 per ounce as of 0049, after a more than 2% increase on Monday, marking its highest Read More
Gold experienced a 2% increase on Monday following announcements from U.S. and Iran officials regarding a preliminary agreement to resolve their conflict. This development contributed to a decline in oil prices and alleviated worries surrounding inflation and rising interest rates. Spot gold increased by 2% to $4,304.11 per ounce, as of 0122, reaching its highest Read More
Gold prices declined on Friday, marking a second consecutive weekly loss. This downturn was influenced by ongoing inflation concerns and increasing expectations of an interest rate hike by the U.S. Federal Reserve. However, renewed optimism regarding a potential U.S.-Iran peace agreement helped to limit the decline. Spot gold was last down 0.7% at $4,182.44 an Read More
Gold reached a low not seen in over six months on Thursday, as new U.S. military actions in Iran propelled oil prices upward, intensifying worries regarding inflation and the persistence of elevated interest rates. Spot gold experienced a decline of 0.2%, trading at $4,063.87 per ounce as of 0043, following a drop to its lowest Read More
Gold prices declined by over 1% on Wednesday, coinciding with an increase in oil prices due to renewed hostilities between the U.S. and Iran, which heightened concerns regarding inflation and potential interest rate hikes. Spot gold declined by 1.4%, reaching $4,203.20 per ounce as of 0050. Bullion reached its lowest point since March 23 on Read More
Gold prices fell for the third straight session on Tuesday, influenced by rising Treasury yields, as the continuing conflict in the Middle East intensified worries about inflation and possible interest rate increases. Spot gold decreased by 0.2% to $4,319.98 per ounce as of 0100. Bullion reached a low not observed in over two months on Read More
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
