16 hours for Israel’s attack on Iran .. Will gold and oil continue to rise?

Register up to the third consecutive day, driven by the state" Between Israel and Iran on Friday, which raised fears of a possible escalation in the Middle East." Gold at $ 3,422 an ounce, an increase of more than 1%, according to "fxstreeet"

Gold prices were affected by the Israeli attack on Iran

The gains of After the Israeli attack on Iranian military and nuclear facilities, as well as targeting prominent figures in Tehran. Infiniteity Another factor that contributed to the price of gold prices is to slow the pace of inflation in the United States, where the consumer price index data (CPI) and the PPI price index for the month of May showed a slowdown in inflationary pressures. Fears of the continuation of high prices are still ongoing. Tension, oil prices have increased by more than 9%, indicating the possibility of gasoline prices again, which may lead to the return of inflation to the rise, which puts new pressure on the federal reserve. The consumer confidence index for the month of June increased from 52.2 to 60.5, while inflationary expectations decreased for a year from 6.6% to 5.1%, and five years from 4.2% to 4.1%. American bond returns for 10 years rose by more than 7 basis points to 4.436%, which is somewhat climbing gold. The US dollar index recovered by 0.30% to 98.15, after it recorded its lowest level in three years at 97.60. > & bull; Goldman Sachs expected the price of gold to reach $ 3,700 at the end of 2025, and a bank of America is expected to reach $ 4,000 in the next 12 months. Financial markets expect to reduce interest rates by 47 basis points by the end of the year, according to Prime Market Terminal data. In the event of a penetration of the level of $ 3,450, this may pave the way for the historical summit test at 3,500 dollars in the short term.