Gold rises to the highest in four weeks ...Middle East

Gold has been able to make headway despite a broadly stronger US dollar and rising Treasury yields. That dynamic will be challenged again today with the US Treasury selling 30-year bonds at 1 pm ET.

Seasonally, gold is typically strong at the turn of the calendar and through the lunar new year, which is on January 29 this year, with holidays running through Feb 4.

Technically, the break above the prior January high clears the way for a return to $2700 but the main hurdle could be further US dollar strength. A big factor in that to wrap up the week will be Friday's non-farm payrolls report.

This article was written by Adam Button at www.forexlive.com.

Hence then, the article about gold rises to the highest in four weeks was published today ( Wednesday 08/01/2025 - 08:24 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Gold rises to the highest in four weeks )

Also on site :

• Ground stop issued at O'Hare amid snowfall and icy conditions
• What Is Situs Inversus? Inside Catherine O'Hara's Rare Genetic Condition
• Catherine O'Hara Revealed Struggle With Social Anxiety Years Before Her Death