Economy Local 2026-01-17T13:10:20+00:00

Gold Concludes Week with a Gain

Gold achieved its second consecutive weekly gain this week, rising by approximately 1.9%. Despite this, the metal faced challenges on its path to new highs. The main drivers of the growth were global economic uncertainty and the weakening of the dollar.


Gold Concludes Week with a Gain

Gold concluded this week with its second consecutive weekly gain, rising by approximately 1.9%. However, the precious metal faced some challenges on its path to reaching new highs. Experts attribute the current dynamics to several key factors. One of the main drivers has been the uncertainty in global economic policy. Investors, seeking to preserve capital, are actively buying safe-haven assets like gold. Furthermore, the weakening of the US dollar also creates favorable conditions for the price of the yellow metal to rise. The market is closely watching the situation's further development to understand whether gold can maintain its positions in the coming days.