Weekly decline in the Gold prices

Economy
  • Yesterday, 18:32
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    INA - SOURCES


    Gold prices recorded a weekly decline, despite the increase in the last sessions of the week, supported by the decline of the dollar and US Treasury bond yields.


    Gold reduced its weekly losses after economic data in the United States indicated a slowdown in inflation, but gold recorded a weekly decline after the US Federal Reserve indicated a slowdown in the pace of interest rate cuts during 2025.


    During the past week, gold prices fell by 0.96 percent, reaching $2622.91 per ounce.