Gold reaches three-month peak

On Monday, gold prices climbed to a three-month high, while crude oil values fell by more than $1. This shift occurred as the US dollar softened compared to other currencies, fueled by growing anticipation of further sanctions on Iran. Gold bullion increased by 1.2%, surpassing $4,660 per ounce (₹4.45 lakh for 31 grams), marking its third straight week of gains. Meanwhile, silver saw a rise of 0.98%, reaching $69.65 per ounce (₹6,665 for 31 grams).

by shortkt.com
3 hours ago
Gold reaches three-month peak | ShortKT