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Gold Price Surges to Highest Level Since June

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The price of gold has surged to its highest level since early June, exceeding $4,550 for the first time since June 2. The rise was driven by a surprise announcement from the U.S. Treasury Department about liquidity support, which led to a decline in yields and the dollar. Gold futures rose 3.5 percent to $4,486.88 per ounce, while spot gold broke through the $4,500 level. Other precious metals also saw significant gains, with silver, platinum, and palladium rising by 3.69 percent, about four percent, and 2.8 percent respectively.

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11 Sources

  1. TASS avatar

    TASS

    RSS / @tass.ru/rss/all.xml

    Стоимость золота превысила $4 550 впервые с 2 июня К 17:40 мск цена фь...

  2. Forbes avatar

    Forbes

    X / Twitter / @Forbes

    The price of gold rose above $4,550 on Wednesday, reaching its highest...

  3. Al-Sharq avatar

    Al-Sharq

    RSS / @al-sharq.com/category/اقتصاد/feed

      أسعار الذهب تسجل 4486.88 دولار للأوقية قفزت أسعار الذهب ال...

  4. RTHK即時新聞 avatar

    RTHK即時新聞

    Telegram / @rthk_new_c

    現貨金突破4500美元水平 金價升幅顯著,因美元及美債息下跌。 現貨金突破每盎司4500美元水平,較早時報4520.39美元,升幅逾4.3...

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