20 Hrs
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وكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
20 Hrsوكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
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Gold prices and global markets rose today amid a weakening dollar and falling oil prices, as investors watched developments in the Middle East and global monetary policy expectations. Spot gold increased by 1.1% to $4,386.39 per ounce, while U.S. futures contracts rose by 0.6% to $4,425.80. Other precious metals also gained, with silver up 2.3% at $66.66, platinum up 2.3% at $1,810.25, and palladium up 2.1% at $1,318.50. Although gold is often seen as a hedge against inflation, the rise in interest rates— including the Federal Reserve's decision to raise them—reduces its appeal, as higher rates boost demand for interest-bearing assets.
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