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 Oil Drops as Progress on Cease-Fire in Gaza Shrinks Risk Premium READ MORE Gold Shows ‘Unprecedented Strength’ in Record Rally. Warning Signs Are Flashing. READ MORE Gold hits record highs on safe-haven demand, US rate cut bets READ MORE Central banks bolster gold reserves further in February, albeit at a slower pace READ MORE Add a Comment Cancel replyYour email address will not be published.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
