Chinese 100, 50, 20, 10 and 5 yuan bills and Russian 1,000 and 100 ruble bills - Sputnik International, 1920
Economy
Get breaking stories and analysis on the global economy from Sputnik.

Gold Tops $2,000 Per Ounce on Comex Amid Middle East Crisis

© AP Photo / Michael ProbstVarious gold bars are on display at the Bundesbank headquarter in Frankfurt, Germany (File)
Various gold bars are on display at the Bundesbank headquarter in Frankfurt, Germany (File) - Sputnik International, 1920, 20.10.2023
Subscribe
MOSCOW (Sputnik) - Gold prices rallied 1% on the US metals exchange Comex on Friday to exceed the psychological mark of $2,000 per troy ounce as hostilities continued to heat up in the Middle East.
Two hours into the opening of the New York metals exchange, the price of traders’ safe-haven commodity with the contract for delivery in December grew $21.4 to $2,001.9 per ounce, while silver futures added 3.11% to trade at $23.747 per ounce.
Gold prices have grown nearly 3% since the start of the week as Israel intensified attacks on the Gaza Strip. Cross-border fighting has also continued between Israel and Lebanon’s Hezbollah.
Gold ingots - Sputnik International, 1920, 26.09.2023
Economy
Hong Kong Boosts Russian Gold Imports to Record $746Mln in July Y/Y
US Federal Reserve Chair Jerome Powell spoke on Thursday about high inflation risks and tightening financial conditions that would likely affect the central bank’s monetary policy. The market took it as a hint of more interest rate hikes yet to come.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала