11 Days
Source:
الراي
Source: الراي
11 Daysالراي
Source: الراي
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Gold prices ended the week at $4,018 per ounce, influenced by weakened confidence in global markets, escalating geopolitical tensions in the Middle East—particularly between the United States and Iran—and rising oil prices. Although investors have turned to gold as a safe haven, inflation concerns grew due to higher oil prices, putting downward pressure on prices. Additionally, the strong economic data and statements from Federal Reserve officials reaffirming the continuation of a hawkish monetary policy supported the US dollar, preventing significant gains in gold. Selling pressures remain ongoing unless the metal surpasses resistance levels between $4,125 and $4,175 per ounce.
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