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وكالة الانباء الاردنية
Gold Falls as Oil and Dollar Rise
Gold prices slightly decreased following Middle East tensions, which pushed oil prices to their highest level in over a month, as investors anticipated a potential interest rate hike. Spot gold fell by 0.4% to $1,400.55 per ounce, while August gold futures declined by 0.3% to $1,405.9. Meanwhile, oil prices rose by 3%, reaching their highest levels since June, with Brent crude reaching $90.79 per barrel and West Texas Intermediate increasing to $84.68. Prices continued their upward momentum after the biggest weekly gains since April. Additionally, the US dollar index increased slightly by 0.1% to 100.84.
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