Gold Clings to Stability Amid High Interest Rate Fears Gold prices have remained relatively stable in recent trading sessions, dropping below $2,000/oz briefly, before climbing back above $2,030/oz. Despite a U.S. market holiday contributing to limited trading cues, gold has shown resilience, bouncing back from a two-month low to hover around the $2,000 to $2,050 an ounce mark through much of 2024. This stability comes as geopolitical tensions in the Middle East and between Russia and Ukraine offer some support to gold’s value. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Goldman Sachs Warns of Copper 'Stockout' as Prices Hit New Highs READ MORE Weak July Jobs Data Stirs Recession Fears, but Economists Urge Caution READ MORE Silver Will Be GONE In The Blink Of An Eye…There's A LOT LESS Than People Think! READ MORE Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties Dominate READ MORE Rising Interest Rates Challenge Long-Standing Pro-Debt Economic Policies READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment