Gold Resumes Its Gains as Middle East Tensions Offset High Inflation: The price of gold is turning towards an increase again,
addressing the effects resulting from regional tensions and the repercussions of inflation in the United States.
Gold, considered a haven, is experiencing increased demand in light of expectations for security incidents against
targets in Israel that Iran may carry out, as the outcomes of US inflation exceed expectations.

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Escalation of Geopolitical Tensions

US Inflation Data

Commodities Volatility

Escalation of Geopolitical Tensions

The price of gold is resuming its rapid increase,
surpassing the concerns that the US Federal Reserve might decrease interest rates
by less than expected this year, due to the escalation of tensions in the Middle East.
The United States and its allies are anticipating the possibility that Iran or its proxies
might launch significant attacks using missiles or drones on military and government targets in Israel.
This could represent a significant expansion of the conflict that has been ongoing for 6 months,
according to sources familiar with the intelligence information.
Typically, the demand for gold as a safe haven increases
during rising geopolitical tensions, as investors seek secure investments.

US Inflation Data

Gold saw a significant drop on Wednesday, the largest in nearly a month, following the release
US inflation data that came in higher than expected prompted traders
to reassess their expectations for interest rate cuts within the year.
s are still close to the record high they reached last Tuesday, supported by increased purchases by central banks.
In their discussions with Bloomberg, investment fund managers expect the current increase in the price of gold,
about 20% since mid-February, to lead to further increases.
They base their strategies on analyzing the impact of political and economic events on the market.

Commodities Volatility

Spot gold prices increased 0.3%, reaching $2,341.58 per ounce.
The Bloomberg dollar index remained unchanged, staying close to its highest levels since last November.
Meanwhile, silver prices stabilized after reaching a three-year high.
Platinum and palladium prices also increased.

Gold Resumes Its Gains as Middle East Tensions Offset High Inflation

Gold Resumes Its Gains as Middle East Tensions Offset High Inflation

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