24 Hrs
Source:
المشهد العربي
Asian Markets See Gold Rise
Gold prices experienced an increase in early Asian trading today, supported by weak American data that dampened expectations of a Federal Reserve interest rate hike in September. The spot price of gold reached $4,153.32 per ounce, while December futures rose to $4,182.40, following a slowdown in US job growth in September and revisions to July and August's figures. These developments bolstered expectations that the central bank would pause its interest rate hikes for the second consecutive time.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)