Gold Prices Hover Near One-Week Low
5 Articles
5 Articles
Metal reached its lowest level in two weeks due to concerns about possible inflation resulting from the Brent rise
B. Gold prices, today Thursday, fell to their lowest levels in two weeks, affected by rising oil prices and rising inflation concerns, prior to the A Reserve Council meeting
Further increases in oil quotations can increase inflationary expectations
Gold steadies near one-week low as oil-driven inflation fears grow
Oct 21 (Reuters) - Gold prices hovered near a one-week low on Wednesday as a rally in oil prices stoked inflation fears linked to Middle East tensions, with investors looking ahead to next week's Federal Reserve meeting.Spot gold was steady at $4,133.48 per ounce by 09:10 am EDT (1310 GMT) after hitting its lowest since October 15 in earlier trade.US gold futures for December delivery rose 0.23% to $4,152.20 per ounce."I think the market is c…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
