Gold Prices Rise Amid Weaker Dollar and Ukraine Tensions

Reported about 9 hours ago

Gold prices increased for the fourth consecutive day, boosted by a weaker dollar and heightened risks in Ukraine. The precious metal traded near $2,665 an ounce on Friday, attributed to rising demand for safe-haven assets. Despite this week's gains, gold remains down by about 2% following a cease-fire agreement between Israel and Hezbollah. Market analysts are optimistic about gold's future, anticipating a potentially strong year ahead driven by monetary policy changes and geopolitical uncertainties.

Source: YAHOO

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