Gold Holds Above $4,600 Per Ounce on Friday, Up Nearly 2% on Dollar Weakness

GateNews

On Friday, gold held above $4,600 per ounce after rising nearly 2% on the previous trading day, supported by U.S. dollar weakness following Japan’s intervention in the currency market.

According to World Gold Council data, central banks increased their gold reserves during the first quarter.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments