Gold Eases After Gaza Deal But Holds Near Record Highs
Barronsยท2025-10-09 08:43
Gold prices fell in early trading as the first phase of a Gaza deal between Israel and Hamas eases geopolitical risks, but continue to hover near record highs.Futures in New York were down 0.5% to $4,051.40 a troy ounce after hitting an all-time high in the previous session. The precious metal continues to trade above the $4,000 historic mark as investors seek safety amid growing economic and political uncertainty. "Concerns over the U.S. economy and the government shutdown continue to boost investor demand ...