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Gold Prices Rise Amidst Dollar Weakness and Fed Rate Hike

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Gold prices surged, rising over 1% to reach $4,295.26, driven by a weakening U.S. dollar and a pause in the oil rally following the Federal Reserve's interest rate hike. Investors reassessed their positions, with gold gaining support as oil prices eased.

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9 Sources

  1. Dan Popescu avatar

    Dan Popescu

    X / Twitter / @PopescuCo

    Gold rises on easing US dollar, oil as Fed rate verdict looms - https:...

  2. Reuters avatar

    Reuters

    X / Twitter / @Reuters

    Gold rises on easing dollar, oil as Fed rate verdict looms https://t.c...

  3. Business Line avatar

    Business Line

    RSS / @thehindubusinessline.com/feeder/default.rss

    Gold rises as investors digest Fed hike, oil rally stalls Spot metal a...

  4. The Star avatar

    The Star

    Telegram / @thestar_official

    Gold rises as investors digest Fed hike, oil rally stalls

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