18 Hrs
Source:
الاقتصادية
Gold stays steady amid easing US rate hike bets
The article focused on the stability of gold prices during the week's trading, remaining near $4,180 per ounce with limited gains of 0.5%, despite the decline in U.S. Treasury yields which boosted safe-haven demand. Expectations for a rate hike in the United States grew, but the decreasing likelihood of a future increase and slowing inflation led to gold remaining steady around $4,100. Rising tensions in the Middle East and increasing oil prices supported the precious metal, while the rise in bond yields and a strong dollar continued to hinder a significant rise.
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