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Finance & Markets

Gold prices rise 1 percent

<p>Singapore: Gold prices rose 1% on Thursday for the fourth consecutive session, reaching their highest level in seven weeks, supported by a weaker US dollar and lower US Treasury yields.</p> <p>Spot gold gained 1% to $4,285.69 per ounce, marking its highest level since June 18.</p> <p>US gold futures climbed 0.9% to $4,345.50.</p> <p>Among other precious metals, spot silver rose 0.4% to $62.34…

Gold prices rise 1 percent

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New Zealand Dollar slips under safe-haven US Dollar surge

NZD/USD extends its losses for the second successive day, trading around 0.5870 during the European hours on Thursday. The pair depreciates as the US Dollar (USD) gains support from renewed safe-haven demand following an Israeli airstrike in southern Lebanon.

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