Partially offsetting the losses from yesterday’s slump, gold prices have edged higher on Friday as concerns of an immediate interest rate hike in the U.S. have eased following recent economic data even as the Strait of Hormuz crisis fueled oil-linked inflation concerns.
Front Month Comex Gold for September month delivery has edged higher by $22.20 (or 0.51%) to $4,393.60 per troy ounce.
Front Month Comex Silver for September month delivery has inched higher by $0.132 (or 0.20%) to $65.125 per troy ounce.
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Market Analysis
Gold Advances As Near-term U.S. Rate Hike Concerns Fade While U.S.-Iran Standoff Intensifies
2026-08-14 17:36:48
