7 Articles
7 Articles
World gold prices surged to $4,670 per ounce at the end of today, August 24th, also reaching their highest level in several days.
(Dan Tri Newspaper) - Soaring to a 3-month high near $4,700/ounce, gold prices are attracting strong capital flows following US intervention in the bond market and record-breaking buying by large funds.
Gold price returns above $4,700, boosted by weak dollar and interest rate uncertainty #StarGrNews
Gold climbed to a 15-week high as safe-haven demand strengthened. The dollar weakened and Treasury yields fell. Investors are awaiting US inflation data and the Jackson Hole speech. Gold prices continued their rise in European markets, reaching a 15-week high on strong safe-haven demand. This move is supported by a weakening Dollar Index and falling US Treasury yields. Investors will closely watch US inflation data and Federal Reserve Chairman K…
Gold Sets Up For A Fresh Test Of Higher Levels
Gold is entering a stronger phase as a weaker US dollar, concerns over US government debt and expectations around Federal Reserve policy continue to support demand for the precious metal. October gold futures on Comex moved above US$4,700 per troy ounce on 24 August, reaching US$4,706.40 before trading around US$4,713.80 in early activity. Spot gold was lower, trading in the mid-US$4,600s during the European session after reaching an intraday hi…
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