19 Hrs
Source:
الاقتصادية
Gold falls towards weekly drop over rate fears
Gold prices declined during Friday's trading, heading toward an approximate 2% weekly loss, due to escalating geopolitical tensions, particularly in the Middle East, and the worsening prospects for a peace agreement between the U.S. and Iran. Additionally, rising expectations of an American interest rate hike have reduced the appeal of the precious metal, as markets await U.S. employment data that will determine the future direction of monetary policy.
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