Gold Holds in Tight Range as Markets Weigh U.S. Naval Blockade and Peace Efforts
Gold and Silver Gain on Safe-Haven Demand Gold futures rose 0.60% to $4,796.15 per ounce on Tuesday, while spot gold (XAU/USD) was up 0.69%. The precious metal has been supported by safe-haven flows as investors monitored tensions linked to the...
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Gold Falls as Stronger Dollar and Inflation Data Weigh on Prices
Gold and Precious Metals Retreat on Dollar Strength Spot gold fell 0.6% to $4,720.67 an ounce by 01:06 ET (05:06 GMT) on Monday, while gold futures declined 0.9% to $4,743.20 an ounce. The weakness extended to other precious metals, with...
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Gold Holds Above $4,700 as Ceasefire Eases Inflation Concerns
Gold Supported by Lower Oil Prices and Softer Dollar Gold traded above $4,700 per ounce on Friday, extending a rally that has left the metal poised for a third straight weekly advance. The price action followed a US-Iran ceasefire that...
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Gold Rises as Investors Weigh Hormuz Deadline and Fed Policy Outlook
Gold Gains on Geopolitical Tensions and Inflation Concerns Spot gold rose 0.6% to $4,674.89 per ounce on Tuesday, while U.S. gold futures for June delivery increased 0.4% to $4,702.20. The moves came as market participants remained cautious ahead of a...
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UBS Sees Further Upside for Gold Amid Geopolitical Tensions
Gold has recently been trading near record highs above $4,700 per ounce, supported by safe-haven demand during the Iran conflict. UBS analysts argue that this environment, combined with robust official sector purchases, could push prices toward $5,000 per ounce by...
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