Gold price closed this week at approximately the same level as the opening price, remaining within the range of $2275 to $2450 per ounce, which has been maintained for several months. It seems that this range will continue to hold, especially as the ‘summer market’ appears to have started. On the other hand, WTI crude oil futures have risen for the third consecutive week, gaining about 1% in the past five trading days. Some may argue that this is a sign of increasing geopolitical risk premium in oil pricing, especially with the seemingly intensifying situation in the Middle East, with indications that Hezbollah is approaching a conflict with Israel in Lebanon.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Stratejist: Altın fiyatları şu anda hala 2275 ile 2450 dolar aralığında dalgalanabilir.
Gold price closed this week at approximately the same level as the opening price, remaining within the range of $2275 to $2450 per ounce, which has been maintained for several months. It seems that this range will continue to hold, especially as the ‘summer market’ appears to have started. On the other hand, WTI crude oil futures have risen for the third consecutive week, gaining about 1% in the past five trading days. Some may argue that this is a sign of increasing geopolitical risk premium in oil pricing, especially with the seemingly intensifying situation in the Middle East, with indications that Hezbollah is approaching a conflict with Israel in Lebanon.