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سرايا الإخبارية
Gold reaches three-month peak
Gold prices rose to their highest level in over three months, recording approximately $4,590.51 per ounce in spot transactions, while U.S. futures contracts increased to $4,647. The rally was supported by a breach of key technical levels and a decline in the dollar, following the U.S. Treasury Department's announcement of expanding its Treasury bond repurchase operations, especially long-term bonds, which boosted demand for the precious metal. Additionally, the weakening dollar and improved technical performance contributed to the rise in prices, with gold gaining about 5% over the week. Moreover, other precious metals, such as silver and platinum, also saw notable increases as demand in global markets grew.
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