Reported about 9 hours ago
Gold prices have risen to their highest level in over a month as traders evaluate the influence of tariffs on inflation and interest rates, despite a lack of new economic data. The dollar weakened and bond yields fell, contributing to a 1.5% increase in gold. Major factors influencing the market include the ongoing trade war, potential interest rate cuts, and central bank credibility. Geopolitical uncertainties and concerns about U.S.-China trade relations have also driven investment into gold as a safe haven.
Source: YAHOO