No 1 source of global mining news and opinion
Gold prices rose for a fifth consecutive session on Friday, inching closer to the key $2,000 an ounce level, as fears of a further escalation in the Middle East conflict fed the metal’s safe haven appeal.
“People fluttered into gold and found a sense of safety amid geo-political risks. If there is an escalation in the Middle East conflict, gold prices will push through $2,000,” Phillip Streible, chief market strategist at Blue Line Futures in Chicago, Since the onset of the Hamas-Israel conflict, bullion has added nearly $200 an ounce, and the precious metal has risen by 3.6% this week alone.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Gold price rises to 11-week high on escalating Middle East conflictNo 1 source of global mining news and opinion
Weiterlesen »
Gold price rallies to three-month peak amid escalating Middle East conflictGold price (XAU/USD) scales higher for the fourth successive day on Friday – also marking the fourth day of a positive move in the previous five – and
Weiterlesen »
Middle East Escalation Props up Gold, Oil Ahead of Fed SpeechesMiddle East Escalation Props up Gold, Oil Ahead of Fed Speeches
Weiterlesen »
Gold prices rally to near 1-mth high as Middle East tensions worsenGold prices rally to near 1-mth high as Middle East tensions worsen
Weiterlesen »
Gold (XAU/USD) Hits $1950/oz on Risk Aversion as Middle East Tensions IntensifyGold has been the biggest beneficiary from the tension in the Middle East which seems to have reignited the precious metals safe-haven appeal. Where to from here?
Weiterlesen »