22 Hrs
Source:
عين ليبيا
Gold surpasses $4200 level
Gold prices rose by more than 1% during today's Wednesday trading, surpassing the $4,200 per ounce level for the first time in nearly a month, supported by a decline in the US dollar and falling oil prices. The increase came as markets awaited the upcoming US jobs report, which influences Federal Reserve monetary policy expectations. December gold futures on the New York Stock Exchange increased by 1.07%, reaching $4,196.9 an ounce, marking the highest level since July. Gold is one of the assets investors tend to turn to during periods of economic change, as it is directly affected by fluctuations in the dollar and interest rate forecasts.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)