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 Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE Fed’s dovish pivot ‘inertia’ may spell trouble for long-term bonds, BlackRock says READ MORE The Scene of THE CRIME READ MORE U.S. job growth totaled 275,000 in February but unemployment rate rose to 3.9% READ MORE Huge debt costs mean climate spending could make emerging nations insolvent READ MORE Add a Comment Cancel replyYour email address will not be published.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