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Gold prices jump 7% to log best weekly gain in 8 months. Start of another yellow metal bull run?
Gold prices surged 7% this week, marking their strongest weekly gain in eight months as falling crude prices, weak US jobs data and resilient central bank demand boosted the metals appeal. With geopolitical risks and rate-cut hopes providing further support, analysts see potential for gold to resume its long-term bull run.
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economictimes.indiatimes.com
Gold touches seven-week high on Strait of Hormuz reopening hopes
Gold's ascent continued on Thursday, marking the fourth day of increases and reaching a seven-week high. This rally was driven by a softer dollar and dipping Treasury yields.…
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middleeastmonitor.com
Gold hits 7-week high on weak US payrolls data, Hormuz deal hopes
Gold prices climbed to their highest level since late June on Thursday, supported by weaker-than-expected US private payrolls data, a softer dollar and hopes for an agreement to…
