52 Days
Source:
المشهد العربي
Source: المشهد العربي
52 Daysالمشهد العربي
Source: المشهد العربي
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The prices of precious metals, especially gold and silver, have declined amid fears of escalating conflict in the Middle East and its impact on inflation. The price of gold in futures contracts dropped to $4,035 per ounce, a decrease of 0.40%, while the spot price of gold also declined to $4,029 per ounce, down 0.75%. This decline is linked to the rising probability of the Federal Reserve raising interest rates in December, now at 73%, due to market concerns over escalating tensions and rising oil prices, which could put upward pressure on inflation. These factors have heightened investors' worries about the impact on financial markets.
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