1 Day
Source:
المشهد العربي
Monetary tightening and geopolitical risks lower gold
Gold prices declined today by 2%, with futures falling to $4,199.80 per ounce. This comes amid increasing expectations that the Federal Reserve will tighten monetary policy further in the United States, amid escalating geopolitical tensions in the Middle East and the U.S. response to Iranian attacks. Today, the dollar index remained steady at 99.93 points, while military developments fueled market concerns.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)