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الوقائع الإخبارية
Gold posts first monthly rise in five months
Gold prices are heading toward their first monthly gain in five months, having risen notably as investors assess the impact of the Iran war and cues from the U.S. Federal Reserve regarding inflation and the path of interest rates. Despite a 0.2% decline in spot transactions to $4,096.29 per ounce, the precious metal is expected to see a weekly increase of 1.1% and a gain of more than 2.2% for the month. This reflects ongoing market interest in economic and political indicators influencing gold prices, especially with the decline in September rate hike expectations to 63%.
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