Iraq Bulletin

Tag : Gold prices

Business

Gold steadies as markets watch US-Iran talks

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ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates. The metal stayed range-bound after a volatile week in which easing fears over a wider......
Business

Gold prices surge to record high near 4500 per ounce

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LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global markets and persistent geopolitical tensions. The benchmark spot price briefly touched $4,497.80 per ounce in early Asian trading, setting a new receord before easing slightly.......
Business

Gold prices rise as risk sentiment weakens globally

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LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm signals from the Federal Reserve that interest rates will remain restrictive until inflation is fully contained. Spot gold was last up 0.3 percent at $2,378.40 per ounce, while U.S.......
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Market rattled by inflation surprise and looming trade conflict

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Wall Street plunged Friday, with the Dow falling 590 points, as hotter-than-expected inflation data and Trump’s sweeping auto tariffs rattled investors and markets....
Business

Global trade concerns push gold beyond $2,950 in record rally

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Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies....
Business

Resilient Dollar dents gold prices, sinks to a three-month low

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In a further blow to the precious metals market, gold prices plummeted to their lowest levels since mid-March. A resurgent dollar has caused the gold market to stumble, pushing the prices into a downward spiral, according to a report by Reuters. The spot gold price took a 0.1 percent hit......
Business

Gold prices hold steady near one-year high as Fed rate pause looms

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Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve may be nearing the end of its rate-hiking cycle. This drove non-yielding bullion towards a second consecutive weekly increase. Spot gold was last down 0.78% at $2,023.77 per ounce, with......
Business

Gold continues upward climb, scaling one-year high racing past $2,000 an ounce

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Gold prices have surged past $2,000 an ounce, scaling one-year highs, as the US dollar and yields weakened. This follows weaker-than-expected US economic data, which reinforces bets for a slowdown in the pace of interest rate hikes despite growing concerns over inflationary pressure caused by rising oil prices. The price......