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Gold Rises Over 1 Percent
Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.
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Last Update: ،
2026/09/19
Time
01:19:20
Latest News:
Hungary Condemns Houthi Attacks, Rejects Targeting of Civilians and Sacred Sites
UN Security Council Reaffirms Support for Yemen, Condemns Houthi Escalation
Amb. al-Eryani Confers with German Expert over Developments in Yemen
Acting Yemeni Ambassador to Bulgaria: Security of Red Sea, Bab al-Mandeb Shared International Interest
Houthi Militants Kill Three Children In Taiz
Latest News:
Hungary Condemns Houthi Attacks, Rejects Targeting of Civilians and Sacred Sites
UN Security Council Reaffirms Support for Yemen, Condemns Houthi Escalation
Amb. al-Eryani Confers with German Expert over Developments in Yemen
Acting Yemeni Ambassador to Bulgaria: Security of Red Sea, Bab al-Mandeb Shared International Interest
Houthi Militants Kill Three Children In Taiz
Gold near highest record amid continued escalation of trade tensions
[17/04/2025 01:42]
LONDON-SABA
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.
Spot gold rose 0.1 percent to $3,346.20 an ounce, after touching an all-time high of $3,357.40 an ounce earlier in the session.
. U.S. gold futures rose 0.4 percent to $3,359.50.
Gold prices breached on Wednesday barrier $ 3300 an ounce, for the first time ever, and recorded record highs unprecedented.
Gold has jumped more than 27 percent year-to-date. The precious metal is usually seen as a hedge against rising inflation and in times of political and economic uncertainty.
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.
Spot gold rose 0.1 percent to $3,346.20 an ounce, after touching an all-time high of $3,357.40 an ounce earlier in the session.
. U.S. gold futures rose 0.4 percent to $3,359.50.
Gold prices breached on Wednesday barrier $ 3300 an ounce, for the first time ever, and recorded record highs unprecedented.
Gold has jumped more than 27 percent year-to-date. The precious metal is usually seen as a hedge against rising inflation and in times of political and economic uncertainty.
Key words:
unprecedented - uncertainty - SABA Gold - escalation - Wednesday - continued - political - inflation - Spot - interest -
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