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Gold Holds Steady Despite Dollar Decline and Rising Tensions in the Middle East

March 17, 2026اقتصاد البلدiqtissadalbalad.dzTranslated from Arabic
اقتصاد البلد

Gold prices have maintained relative stability despite the decline of the US dollar, as investors monitor the impacts of oil supply disruptions resulting from the escalating conflict in the Middle East. Gold approached the $5000 per ounce level during early trading, after a slight decline of 0.3% in the previous session, reflecting a state of caution in global markets. Oil prices have risen again after a drop on Monday, as investors assess plans to draw from strategic reserves against the backdrop of escalating threats to energy infrastructure. The dollar index fell by 0.6%, which provided some support to gold prices. US President Donald Trump has called on other countries to help secure the Strait of H...

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