High Us Dollar Slows Down: Gold Price Continues to Fall

Kronen Zeitung

Right

Factuality

Ownership

After an increase in the price of gold at the beginning of the Iran war, the price of gold has come under pressure several times over the past two weeks. On Wednesday, the price of a fine ounce fell below the important mark of $5,000. On Thursday, too, it went downwards. On the London Stock Exchange, a fine ounce (about 31.1 grams) was traded at $4684 ($4073.04) and thus about $135 lower than the previous day. Already on Wednesday, the price of …

finanzmarktwelt.de

Factuality

Ownership

Gold price under pressure: The ongoing Middle East conflict is burdening the markets while driving oil prices up. Rising energy prices are increasing inflation concerns and dampening hopes for an early cut in interest rates in the US. The focus is particularly on US Federal Reserve Fed and its chairman Jerome Powell, who are currently signaling a restrictive monetary policy. For investors, this could mean that [...] The post gold price is fallin…

gazetepencere.com

Factuality

Ownership

The Federal Reserve's decision to keep interest rates unchanged and the ongoing war with Iran have led to a drop in gold prices, reaching their lowest level in recent times.