Last Updated : GMT 09:40:38
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Monday 30 June 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
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Global gold prices drop

Themuslimchronicle, themuslimchronicleGlobal gold prices drop243365/87
London - Arab Today
Gold prices fell on Tuesday as renewed expectations of an increase in US interest rates next month pushed the dollar higher, although political and economic uncertainties in Europe and the US supported investor sentiment. Spot gold was down 0.3 percent at $1,233.79 an ounce at 1541 GMT, but has gained more than 6 percent since the start of the year.Read more

Gold hits 5-month low on commodity sell-off

Themuslimchronicle, themuslimchronicleGold hits 5-month low on commodity sell-off215319/87
London - Arab Today
Gold prices fell to their lowest in over five months on Friday, hit by a broad sell-off in commodities as well as surging bond yields on speculation a splurge of US infrastructure spending could stoke inflation.  Spot gold fell 2.2 percent to $1,231.79 an ounce by 1515 GMT after touching a session low of $1,229.04, the weakest since June 3.Read more

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