![Gold prices have risen due to US price cuts and worries in the Middle East.](https://market-tracker.in/wp-content/uploads/2024/08/gold-rising-2_0-600x400.jpg)
Gold prices have risen due to US price cuts and worries in the Middle East.
Gold prices edged higher on Thursday due to tensions in the Middle East and US price cuts. U.S. Gold futures were down 0.2 percent at $2,428.40, while spot gold was up 0.3 percent at $2,389.42 an ounce. Geopolitical unpredictability in the Middle East and falling US Treasury yields increase the attractiveness of gold. Analysts expect…