57 Days
Source:
شبكة راية الإعلامية
Gold faces biggest decline in six weeks
Gold prices fluctuated this week, heading toward their biggest weekly loss in six weeks, amid rising tensions between the US and Iran that pushed oil prices upward and sparked concerns about inflation. These factors have increased expectations of a U.S. interest rate hike. The spot price of gold increased by 0.2% to approximately $3,980 per ounce, but is likely to be down by 3.2% over the week, marking the largest decline since early June. Other precious metals such as silver, platinum, and palladium also declined, continuing their losses throughout the week.
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