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Middle East: Gold nudges up,...

Gold firmed on Friday and was...

Middle East: Gold nudges up, heading for best week since March

Gold firmed on Friday and was heading for its best week in seven months, amid tensions in the Middle East, and supported by expectations that US interest rates may have peaked as markets assess latest inflation figures. Spot gold rose 0.4% to $1,876.08 per ounce by 0520 GMT. U. gold futures added 0.3% to $1,888.80. US Treasury yields and the dollar reversed course in Asia hours on Friday, having strengthened in the last session and weighed on gold after data showed US consumer prices increased in September. ...

Karl Jörg - October 13, 2023

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Middle East: Gold...

Gold firmed on Friday and was heading for its best week in seven months, amid tensions in the Middle East, and supported by...

Karl Jörg - October 13, 2023

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