@secamcommunityminers: Gold prices fell in the European market on Friday, resuming a downward trend that briefly paused yesterday. The metal is approaching a four-week low and is on track for its second consecutive weekly loss, driven by rising global oil prices which have heightened fears of inflation and potential interest rate hikes. Amidst the strongest internal opposition since 1992, the Federal Reserve kept interest rates unchanged for the third consecutive meeting on Wednesday, while warning of elevated inflation caused by energy costs. Price Overview * Gold Prices Today: Gold fell by 1.25% to ($4,564.42), from an opening level of ($4,622.43), after reaching a session high of ($4,635.97). At Thursday’s close, gold prices had risen by 1.75%, marking the first gain in four days as part of a recovery from a four-week low of $4,510.32 per ounce. #goldprices #goldtoday #goldmarket #goldprice #gold

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2026-05-01 19:42:10

2026-05-02 11:03:27

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