Gold gains on softer dollar, markets eye US-Iran developments
Summary
FUNDAMENTALS * Spot gold rose 0.9% to 4,830.66 per ounce by 0103GMT. U.S. gold futures for June delivery gained 0.6% to $4,852.40. * The U.S. dollar hovered near its lowest level in more than a month, making the greenback-denominated commodities, such as bullion, more affordable for holders of other currencies.
Source: SECTIONS Gold gains; Markets Eye Us-Iran Developments Reuters — Read the full report
Actors involved
Sources
- SECTIONS Gold gains; Markets Eye Us-Iran Developments ReutersBy SECTIONS Gold gains; Markets Eye Us-Iran Developments Reuters
FUNDAMENTALS * Spot gold rose 0.9% to 4,830.66 per ounce by 0103GMT. U.S. gold futures for June delivery gained 0.6% to $4,852.40. * The U.S. dollar hovered near its lowest level in more than a month, making the greenback-denominated commodities, such as bullion, more affordable …
See this event through different lenses
Compare how different perspectives frame this event.
Compare PerspectivesCommunity Notes
Community Notes
Loading notes...