11 Hrs
Source:
الاقتصادية
Gold drops 0.8% to $4,313
Gold prices have declined by 0.8% to reach $4,313 per ounce, influenced by relative calm and geopolitical tensions, especially as markets anticipate developments in US economic pressures against Iran. This decrease follows a previous high of $4,350. It comes amid expectations that US inflation in July may rise to around 3.4%, which could impact the Federal Reserve's decisions regarding interest rates. Additionally, U.S. President Donald Trump has stated his readiness to impose economic pressures on Iran rather than launching a military attack, while upcoming economic data will determine the market’s direction regarding inflation and future monetary policy.
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