Gold price daily

General indicator of gold prices

Latest news

Gold prices rise, close to record highs as rate cut bets mount

Gold prices rise, close to record highs as rate cut bets mount

Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September. But gains in gold were limited by some resilience in ...

Source : investing.com

Gold needs to test support but prices can still end the year much higher

Gold needs to test support but prices can still end the year much higher

Although the Federal Reserve has been cryptic regarding the timing of its easing cycle, the central bank is firm that it is not looking to raise interest rates anymore, which should ultimately be positive for gold ...

Source : kitco.com

Gold prices steady with rate cuts, M.East peace talks in focus

Gold prices steady with rate cuts, M.East peace talks in focus

Gold prices fell slightly in Asian trade on Tuesday, having taken limited support from increased unrest in the Middle East, while focus also remained on potential interest rate cuts by the Federal Reserve. Gold rose ...

Source : investing.com

Gold prices rise tracking dollar weakness as weak payrolls put rate cuts in focus

Gold prices rise tracking dollar weakness as weak payrolls put rate cuts in focus

Gold prices rose in Asian trade on Monday, capitalizing on a recent drop in the dollar as softer-than-expected U.S. payrolls data saw traders increase bets on eventual interest rate cuts by the Federal Reserve ...

Source : investing.com

Factors for the rise in the price of gold today

The rise in the price of gold today could be the result of several factors affecting the global market for the precious metal. One of the main factors is the geopolitical tensions occurring around the world. When political or economic tensions increase, investors resort to investing in gold as a safe haven, which leads to increased demand for it and higher prices. The performance of the global economy can also play a role in determining gold prices, as lower economic growth is associated with increased demand for safe havens, including gold. Furthermore, inflation, the rise in prices of goods and services, can affect the purchasing value of currencies, making gold an attractive option as a means of preserving value. Ultimately, supply and demand factors, as well as economic and political developments, remain the main factors determining gold price trends in global markets.

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The site offers a free service by providing the latest gold prices today, whether in the Arab or international market, while showing the values ​​in Arab and foreign currencies. Prices are updated regularly, allowing visitors to keep track of developments. In addition, the site provides a comprehensive cultural overview and follows the latest economic news related to the gold market around the world. Visitors can also follow the prices of a gram of gold in its various karats, providing them with comprehensive information about current developments in the gold market.