Gold Price Trades With a Positive Bias for the Sixth Straight Day Gold prices have continued to rise for the sixth consecutive day, nearing the record highs set just the day before, around $2,265-$2,266. This surge is happening against a backdrop of increasing doubts about the Federal Reserve’s potential to lower interest rates three times within the year, spurred by positive U.S. manufacturing data. Additionally, escalating geopolitical tensions in the Middle East are dampening investors’ willingness to engage with riskier assets, further boosting gold’s appeal as a safe-haven asset amidst a stronger U.S. dollar and a generally softer risk sentiment in the market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts World Gold Council: Central Bank Gold Statistics READ MORE Housing Costs Drive a Wedge Between Fed’s and Popular Inflation Metrics READ MORE Housing Market Relief on the Horizon? Fed Study Predicts Inflation Slowdown READ MORE Zambia Sets Ambitious Target: 1 Million Tons of Copper by 2027 READ MORE Japan's May Wholesale Inflation Surges, Challenging BOJ Rate Hike Plans READ MORE Add a Comment Cancel replyYour email address will not be published.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