Gold continues to rise on Middle East tensions

  • International
  • 19 June 2025
1

Gold prices rose on Thursday, June 19, 2025, as rising tensions in the Middle East boosted demand for the precious metal, although the Federal Reserve's cautious stance on future interest rate cuts capped gains.

Spot gold rose 0.2 percent to $3,376.48 per ounce. U.S. gold futures fell 0.4 percent to $3,393.70. Gold saw a slight recovery, awaiting the next steps in the Israeli-Iranian conflict. If the United States decides to intervene directly in the conflict, it could increase geopolitical risks.

Source (Asharq Al-Awsat newspaper, edited)

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