Gold Hits Three-Month High as Investors Boost Safe-Haven Demand
7 Articles
7 Articles
Gold price rising in the opening of markets: the spot contract advances by 0.65% to 4.632.83 dollars per ounce. The contract con consehna in December is at 4.688.80 dollars (+0.18%). (ANSA). (ANSA)
Gold hits three-month high as investors boost safe-haven demand
Capitals: Gold prices rose to their highest level in more than three months on Monday, supported by continued investor demand for the precious metal.Spot gold gained 0.5% to $4,627.42 per ounce as of 01:55 GMT, after touching its highest level since 15th May 2026 earlier in the session.US gold futures also moved higher, rising 0.1% to $4,683.80 per ounce.The latest gains reinforce gold's position as a preferred safe-haven asset amid ongoing unce…
Shafaq News - World: Gold prices hit their highest level in more than three months on Monday, supported by a weaker dollar, while attention turned to key US inflation data and a speech by Federal Reserve Chairman Kevin Warsh later this week. Spot gold rose 0.8% to $4,641.27 per ounce by 04:27 GMT, after earlier reaching its highest level since May 15. Prices had risen more than 5% last week. US gold futures also rose 0.4% to $4,697.70 per ounce.…
MCX gold rallies for fifth straight week; gains ₹19,000 per 10 grams in August
MCX gold prices in India rose for the fifth week, gaining nearly ₹8,000 per 10 grams to settle at ₹1,62,438. Gold's August gains reached 13%, supported by a declining U.S. dollar and reduced expectations for a Federal Reserve rate hike.
Gold hits 3-month high as weak dollar and Fed bets put $4,700 in play
Gold climbed to its highest level in more than three months on Monday as a softer US dollar extended bullion’s powerful August rebound, while investors turned towards this week’s inflation data and Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for the next policy signal. Spot gold rose about 0.8% to $4,641.27 an ounce in Asian trading after touching its strongest level since May 15. US futures advanced to about $4,697.70. Bullion gaine…
Driven by a weakening US dollar and rising geopolitical risks, the price of gold per ounce surpassed $4,630, while the price of gold per gram climbed above 7,160 TL, reaching its highest level in the last three months.
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