الاقتصادية
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Source: الاقتصادية
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Gold prices have fallen significantly this week, marking the largest loss since early June, due to rising tensions between the United States and Iran. This has led to higher energy prices and expectations of a rate hike by the U.S. Federal Reserve. Although the price of gold increased by 1%, reaching $4,011.29 per ounce in spot trading, it still recorded its lowest level since June 30 and declined around 2.6% for the week. The rise in the dollar and inflation concerns are putting pressure on gold demand, as it is traditionally considered a hedge against inflation. Meanwhile, military escalations between Washington and Tehran continue, which has driven oil prices up by 16% this month.
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