2 godz. temu
Gold Falls as Dollar Strengthens and Crude Oil Approaches $120 During Middle East Conflict
At the start of the week, gold extended losses and briefly dropped as much as 3% before spot prices traded 1.5% lower at $5,093.39 an ounce, while the U.S. dollar strengthened and oil climbed toward $120 a barrel. Other precious metals, including silver at $82.66 an ounce, also declined as investors weighed higher energy costs, potential delays to interest-rate cuts, and risks from the intensifying conflict involving the United States, Israel, and Iran in the Persian Gulf.