Gold Inches Higher, Supported by Soft Dollar and Rising Middle East Tensions Gold prices saw a modest increase on Thursday, influenced by a combination of a dipping dollar and rising tensions in the Middle East. This uptick comes as investors are on the lookout for upcoming U.S. economic data, which is expected to provide further insights into the Federal Reserve’s stance on interest rates. The spot gold price rose by 0.1% to $2,026.7 per ounce early in the morning, reaching its highest level since February 9. Similarly, U.S. gold futures also experienced a slight rise of 0.1%, marking a price of $2,036.9 per ounce. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Dow and S&P 500 Dip Amid Rising Treasury Yields and Rate Cut Speculations READ MORE True Inflation May Have Peaked in Late 2022 READ MORE Central Banks Kick Off 2024 with Significant Gold Purchases READ MORE Biden Administration Erases $1.2 Billion in Student Debt for 150,000 Americans READ MORE Why Gold May Not Go Above $2,100 Without Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
