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الدستور
Source: الدستور
16 Hrsالدستور
Source: الدستور
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Gold prices declined to their lowest level in two months due to the strengthening of the dollar and US Treasury bond yields. However, they experienced a slight rebound in recent trading, rising by 0.4% to reach $4,127.40 per ounce. Market participants are closely awaiting the Federal Reserve's decision on interest rates. The minutes from the meeting revealed that policymakers are divided on raising rates, with an 80% likelihood of an increase in December, which diminishes the appeal of gold, as it is a non-yielding asset. Additionally, the Managing Director of the International Monetary Fund warned of risks associated with rising energy prices and public debt amid ongoing geopolitical tensions in the region.
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