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ForexAug 21, 2026Source: Action Forex

Gold on Track for Third Consecutive Weekly Gain

Gold on Track for Third Consecutive Weekly Gain

Gold traded above 4,500 USD per ounce on Friday, on track to close higher for the third straight week. Demand for safe-haven assets has increased amid heightened volatility in foreign exchange and debt markets. Rising oil prices continue to fuel inflation risk

Gold traded above 4,500 USD per ounce on Friday, on track to close higher for the third straight week. Demand for safe-haven assets has increased amid heightened volatility in foreign exchange and debt markets. Rising oil prices continue to fuel inflation risks. Gold surged more than 4% on Wednesday after the US Treasury announced plans […] The post Gold on Track for Third Consecutive Weekly Gain appeared first on ActionForex.