Gold prices held firm on Friday and were on track for a fifth straight weekly gain as concerns about further tit-for-tat retaliation between Iran and Israel stoked safe-haven demand.
Spot gold prices rose to a high of $2,417.92 earlier in the session, with prices up more than 1% for the week. U.S. gold futures fell 0.2% to $2,393.50.
Gold prices soared early Friday, with the overnight spot market topping $2,400 after an explosion over an Iranian city that sources said was an Israeli attack.
“The escalation and de-escalation of the situation in the Middle East has taken control of the market. If the situation does de-escalate, then gold prices will correct or consolidate as safe-haven buying dries up. In the long term, since the Fed may not cut interest rates as soon as the market expects, Gold’s upward trend will continue.”
註釋
active trade註釋
active trade註釋
active trade註釋
active trade
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。