Publisher: Maaal International Media Company
License: 465734
Saturday, 14 June 2025
Gold prices rise to a one-week high driven by escalating Middle East tensions
Gold prices rose to a one-week high driven by escalating geopolitical tensions in the Middle East and weaker-than-expected US economic data, which boosted bets on an interest rate cut by the Federal Reserve.
Spot gold rose 1.1% to $3,387 per ounce, while US gold futures rose 2.0% to $3,410.
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