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Global Gold and Dollar Rise
Gold prices internationally have risen after touching their lowest level in two months, amid market anticipation for more clarity on the Federal Reserve's monetary policy path. Spot gold increased by 0.4% to reach $4,127.40 per ounce, following a decline on Wednesday due to the strengthening dollar and higher US Treasury yields. Other precious metals also saw gains, with silver rising by 0.4% to $60.39, platinum climbing to $1,653.88, and palladium reaching $1,141.00. The dollar index steadied at 102.23, close to its highest level since April 2025, after its recent rise significantly impacted the market amid global tensions related to tariffs and trade disputes.
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