Episode Details

Gold prices edged up on Friday, bolstered by a weaker dollar and falling oil prices, following the U.S.s proposed peace deal with Iran. Spot gold and U.S. gold futures both rose slightly, while the dollar index and oil prices fell. Despite the positive factors, gains were limited due to better-than-expected U.S. business activity in May, which may keep the Federal Reserve from lowering interest rates. Investors are now awaiting key inflation numbers next week to influence the Feds future moves. Silver and platinum also gained, as markets digest these mixed signals ahead of the weekend.

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