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الشارقة 24
Gold gains 1% to $4092.43
Gold prices rose by 1% to reach $4,092.43 per ounce in spot trading, supported by a decline in oil prices that reduced inflation fears and led to lowered expectations of U.S. interest rate hikes. U.S. gold futures also increased by 1.5% to $4,149.50 per ounce, as markets await more signs regarding the Federal Reserve's policy. This increase comes after previous declines caused by rising Treasury yields and escalating tensions, reflecting the volatility of the precious metal's prices amid caution about the economy and monetary policies.
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