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Gold Hits Multi-Month Highs Amid Geopolitical Tensions and Inflation Risks

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • Gold futures hit multi-month highs near $4,700 per ounce, bolstered by Middle East geopolitical tensions, U.S.
  • Treasury bond buybacks, and lingering global inflation.
  • Traders now await key PCE inflation data and the Fed's Jackson Hole address.
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XAUUSD price history

4366.20 -5.42% over the displayed period

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