19 Hrs
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وكالة الانباء الاردنية
Gold approaches fourth straight week decline
Gold prices are heading toward a fourth consecutive weekly loss, declining by 0.3% in spot trades to around $4,011 per ounce. US futures contracts decreased by 0.4% to $4,026.90 per ounce. This reflects the impact of expectations that the US Federal Reserve will raise interest rates quickly to curb inflation, along with the resilience of the US dollar. The precious metal is on track to suffer a weekly loss of approximately 4% after falling below the $4,000 level for the first time since November 2025.
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