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 Fed’s Inflation Target Faces Heat from LiberalsSeeking Economic Reform READ MORE Housing’s outsized role in the Fed’s inflation problem: Morning Brief READ MORE Retaliation Promised: Biden's Response to Drone Attack in Jordan READ MORE Gold hits record highs on safe-haven demand, US rate cut bets READ MORE Add a Comment Cancel replyYour email address will not be published.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
