Gold returns to the rise with the decline in oil and anticipation of the path of US interest rates
Gold prices rose today, Tuesday, supported by a decline in oil prices, following a fragile truce between Israel and Iran, while attention also focused on the risks of Inflationand raising interest rates.
The price of gold in spot transactions reached 4345.71 $per ounce, by 06:02 GMT, an increase of 0.4%. US gold futures (August delivery) reached $4,370.80, an increase of 0.2%.
In other precious metals, the price of silver rose by 0.4% to $68.45 per ounce, platinum gained 0.3% to $1,759.74, and the price of palladium increased by 1.5% to $1,223.44.
And a bank expected "Goldman Sachs" The US Federal Reserve (central bank) will keep interest rates unchanged throughout 2026, and postpone reducing them until 2027, indicating an improvement Investors are currently looking at US CPI data for May, scheduled for release on Wednesday, to assess the path of the Federal Reserve’s monetary policy.
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