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Gold rises over 1% as oil tumbles on pause in US-Iran fighting
Gold prices increased over one percent on Monday. A pause in Middle East hostilities lowered oil prices and inflation worries. This development supported gold's appeal as investors anticipated stable interest rates. Other precious metals like silver and platinum also saw gains. Speculators increased their net long positions in COMEX gold.
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economictimes.indiatimes.com
Gold rises over 1% as oil tumbles on pause in US-Iran fighting
Gold prices increased over one percent on Monday. A pause in Middle East hostilities lowered oil prices and inflation worries. This development supported gold's appeal as…
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straitstimes.com
Gold climbs as pause in Middle East fighting curbs inflation risk
Bullion rose as much as 1.1 per cent to near US$4,100 an ounce on July 27. Read more at straitstimes.com. Read more at straitstimes.com.
