Opinion & Analysis
The war in Iran is expected to be resolved diplomatically, and central banks continue to buy gold, which is expected to drive gold prices higher for the third consecutive week.
The war in Iran is expected to be resolved diplomatically, and central banks continue to buy gold, which is expected to drive gold prices higher for the third consecutive week.
In early morning trading on Friday (April 10), spot gold was trading at around $4,760 per ounce, with weekly gains expected to be close to 2%. (Reuters)
The war in Iran is expected to be resolved diplomatically, and central banks continue to buy gold, which is expected to drive gold prices higher for the third consecutive week.
In early morning trading on Friday (April 10), spot gold was trading at around $4,760 per ounce, with weekly gains expected to be close to 2%.Last week, gold prices recovered 4.1% for the week.
The White House confirmed Thursday that Vice President Vance will lead a U.S. delegation to Islamabad on Saturday for the first round of peace talks, a matter of great concern.Investors are also keeping a close eye on the latest U.S. inflation report, which will be released later on Friday.
The United States and Iran have agreed to a two-week ceasefire, but the arrangement remains fragile and variable.
US President Donald Trump tweeted Thursday on social media platforms that Iran was โdoing a very bad jobโ in allowing oil tankers to pass through the Strait of Hormuz.He warned that if Iran was charging tolls to tankers crossing the Strait of Hormuz, โit would be better to stop now.โ
The war in Iran is expected to be resolved diplomatically, and central banks continue to buy gold, which is expected to drive gold prices higher for the third consecutive week.
In early morning trading on Friday (April 10), spot gold was trading at around $4,760 per ounce, with weekly gains expected to be close to 2%.Last week, gold prices recovered 4.1% for the week.
The White House confirmed Thursday that Vice President Vance will lead a U.S. delegation to Islamabad on Saturday for the first round of peace talks, a matter of great concern.Investors are also keeping a close eye on the latest U.S. inflation report, which will be released later on Friday.
The United States and Iran have agreed to a two-week ceasefire, but the arrangement remains fragile and variable.
US President Donald Trump tweeted Thursday on social media platforms that Iran was โdoing a very bad jobโ in allowing oil tankers to pass through the Strait of Hormuz.He warned that if Iran was charging tolls to tankers crossing the Strait of Hormuz, โit would be better to stop now.โ