Gold prices increased over one percent on Monday. A pause in Middle East hostilities lowered oil prices and inflation worries. This development supported gold's appeal as investors anticipated stable interest rates. Other precious metals like silver and platinum also saw gains. Speculators increased their net long positions in COMEX gold.
Gold prices increased over one percent on Monday. A pause in Middle East hostilities lowered oil prices and inflation worries. This development supported gold's appeal as investors anticipated stable interest rates. Other precious metals like silver and platinum also saw gains. Speculators increased their net long positions in COMEX gold.
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