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Gold Prices Surge to Seven-Week High

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Gold prices have surged to their highest level in nearly seven weeks, driven by a decline in the dollar, lower US Treasury yields, and easing inflation fears. The precious metal rose for the fourth consecutive session on Thursday, reaching $4,285.69 per ounce in spot trading. This rally comes after gold prices fell sharply due to the US-Iran conflict, which drove up energy prices and strengthened inflationary pressure. Market expectations of a relaxation in the Middle East situation and reduced rate hike expectations by the US Federal Reserve are supporting gold prices. Other precious metals, such as silver, platinum, and palladium, also saw gains.

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29 Sources

  1. TERAZ.sk avatar

    TERAZ.sk

    RSS / @teraz.sk/rss/rss-vsetky-spravy.rss

    Cena zlata vzrástla, pohybuje sa okolo 4078 USD/unca Spotová cena zlat...

  2. Emirates 24/7 avatar

    Emirates 24/7

    RSS / @emirates247.com/cmlink/emirates-24-7-news-1.4268

    Gold, other precious metals prices rise New York: Gold prices rose 1 p...

  3. خبرفوری avatar

    خبرفوری

    Telegram / @akhbarefori

    ♦️قیمت جهانی اونس طلا در ساعات اخیر بیش از ۱۵۰ دلار افزایش یافت و به ۴...

  4. اخبار الونیوز avatar

    اخبار الونیوز

    Telegram / @alonews

    👈 قیمت جهانی اونس طلا در ساعات اخیر بیش از ۱۵۰ دلار افزایش یافت و به ۴...

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