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<Commodity> Gold Falls 2% as USD Strengthens
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US President Donald Trump stated that he will continue to launch attacks on Iran, triggering market concerns over inflation and reinforcing expectations of rising interest rates. The USD strengthened, and gold prices retreated from highs on Thursday by about 2%. Spot gold fell USD81.8, or 1.7%, to USD4,676.8 per ounce. Gold futures for May delivery declined USD110.4, or 2.3%, to USD4,702.7 per ounce. Silver futures for May delivery dropped 3.8% to USD73.2 per ounce. Copper futures for May delivery rose 0.6% to USD5.68 per pound. Platinum futures for July delivery edged up 0.5% to USD1,999.9 per ounce. Palladium futures for June delivery gained 1.4% to USD1,515 per ounce. (sw/m) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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