Gold and oil prices were falling early Thursday as tensions in the Middle East showed some tentative signs of calming. President Joe Biden returned from his...
Gold and oil prices were falling early Thursday as tensions in the Middle East showed some tentative signs of calming.
Biden and Israel also said they had evidence that the blast at a hospital in Gaza Wednesday wasn’t caused by an Israeli strike. Nevertheless, protests erupted in Jordan, Turkey, and Iran against Israel. Gold was down 0.3% at $1962.50 an ounce. It’s still up more than 4% over the past week and is 20% higher than this time last year. Prices are near their highest since August. Gold has outperformed the S&P 500 on an annual return basis.
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Gold Price Update: Tensions Rise Ahead of Biden Visit, Gold Extends GainsThe safe haven commodity showed renewed vigor after a hospital bombing in Gaza further strained relations in the region ahead of Biden’s visit. US yields rise
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Gold prices rally to near 1-mth high as Middle East tensions worsenGold prices rally to near 1-mth high as Middle East tensions worsen
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Oil prices rise, Brent above $91 as Israel-Hamas tensions worsenOil prices rise, Brent above $91 as Israel-Hamas tensions worsen
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Oil prices surge, Brent above $91 as Israel-Hamas tensions worsenOil prices surge, Brent above $91 as Israel-Hamas tensions worsen
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