Gold price rally cools as market awaits more cues

المملكة العربية السعودية أخبار أخبار

Gold price rally cools as market awaits more cues
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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Gold retreated on Wednesday following a short spike in prices triggered by expanding Middle East conflicts, as investors await more US economic cues to plot their next moves.

Bullion closed the previous session 1.1% on news of an Iranian missile strike against Israel, which rekindled the allure of save haven assets. Chanana added that gold remained an attractive hedge. “When considering how markets might react next, the key worry would be risks of an escalation, particularly if Iran’s oil assets could be targeted.”

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين



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