22 Hrs
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شبكة راية الإعلامية
Gold falls over 3% to $4170
Gold prices dropped by more than 3% to $4,170 per ounce, influenced by the strength of the dollar and rising oil prices, amid expectations that U.S. interest rates will remain high. This came amidst sharp volatility in global markets, with ongoing tensions in the Middle East, including the U.S. war on Iran, and concerns over how rising energy costs might impact inflation and the trajectory of U.S. monetary policy. Additionally, other precious metals also declined, with silver falling by 4.8% to $61.9 per ounce, and platinum decreasing by 2.5% to $1,750, amid escalating military tensions and market fluctuations.
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