Gold price resumed its rally amid escalating Middle East tensions, reaching a fresh two-month high of $1,962.62 a troy ounce. XAU/USD holds on to intraday gains, trading at around $1,949 mid-American session as the US Dollar got some attention on the back of plummeting stock markets.
United States (US) President Joe Biden briefly visited Israel on Wednesday. Biden met Israeli Prime Minister Benjamin Netanyahu and showed the US stands alongside Israel in the conflict. The discussion revolved around the attack on a Gaza hospital that killed roughly 500 people, with President Biden stating that, according to data shown by the US Defense Department, "it appears as though it was done by the other team, not you." Earlier in the day, Palestinian officials said a failed Israeli air raid was to blame for the situation. Finally, Biden added the US will not stand by "and do nothing."
GOLD SELL : 1952
TP. : 1944
TP. : 1935
SL. : 1962
United States (US) President Joe Biden briefly visited Israel on Wednesday. Biden met Israeli Prime Minister Benjamin Netanyahu and showed the US stands alongside Israel in the conflict. The discussion revolved around the attack on a Gaza hospital that killed roughly 500 people, with President Biden stating that, according to data shown by the US Defense Department, "it appears as though it was done by the other team, not you." Earlier in the day, Palestinian officials said a failed Israeli air raid was to blame for the situation. Finally, Biden added the US will not stand by "and do nothing."
GOLD SELL : 1952
TP. : 1944
TP. : 1935
SL. : 1962
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