لبنان ٢٤
Source: لبنان ٢٤
1 Dayلبنان ٢٤
Source: لبنان ٢٤
1 DayReady to play
Ready to play
Gold fell by around 30%, ending the week near $3,875 an ounce after approaching $5,600 in January. It came under pressure from expectations of higher US interest rates, a stronger dollar and rising bond yields, as well as profit-taking. Researcher Yasser al-Hussein says a recovery is possible if inflation eases or growth slows enough to allow a change in the interest-rate path. Central-bank purchases and geopolitical tensions support prices over the long term, though they do not rule out volatility. He advised investors not to sell out of fear or borrow to buy gold, and to distinguish long-term saving from speculation, as the next move will depend on interest rates, the dollar and inflation.
Notice: This Is an AI-Generated Summary
Comments (0)