63 Days
Source:
Sharjah24
Gold Continues to Decline as High Interest Rate Expectations Persist
Gold prices declined for the second consecutive session due to renewed hostilities in the Middle East, which heightened inflation concerns and increased expectations that the Federal Reserve will continue raising interest rates for a longer period. The spot price fell to $4,072.49 per ounce, and August futures also saw a significant decline amid rising oil prices and escalating regional tensions.
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