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المشهد العربي
Gold dips amid Fed rate worries
Gold prices experienced a decline at the beginning of the week, influenced by rising oil prices following escalating military tensions between the United States and Iran, as well as investor concerns that the Federal Reserve may adopt more aggressive monetary policies. The prices of gold futures contracts dropped to $4,068 per ounce, with the dollar index remaining around 101.36 points, amid mounting upward pressures on inflation and interest rates. It is likely that the yellow metal will attempt again to target the $5,000 level during the year, provided that tensions ease and oil prices remain stable.
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