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Surge in Gold Prices and Consecutive Losses for Oil

July 2, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Surge in Gold Prices and Consecutive Losses for Oil

Gold prices rose in trading on Thursday, while oil prices continued their noticeable decline and losses in global markets, as the dollar remained stable with investors closely monitoring official U.S. job data, which could clearly outline the upcoming monetary policy directions of the U.S. Federal Reserve. Gold in spot transactions rose to about $4068.61 per ounce, up by 0.92% at the time of writing, after touching its highest recorded levels since June 23 in the previous session, while U.S. futures contracts for gold for August delivery rose to $4082.70 per ounce. View the full content on the...

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