73 Days
Source:
الاقتصادية
Investors favor gold amid US rate uncertainty
The decline in expectations of an interest rate hike by the US led to a continued rise in the price of gold, which reached its highest level in two weeks above $4,150 per ounce. Weakness in the dollar and a decline in US employment data contributed to increasing the appeal of the yellow metal amid concerns over geopolitical tensions between the United States and Iran. Meanwhile, investors continue to monitor labor market data and the Federal Reserve minutes to determine the upcoming trend in the gold market.
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