#GoldReboundsNearly5% Gold Hits Three-Month High on Strong Weekly Rally
Gold prices climbed to their highest level in more than three months, closing the week with gains of over 5%. Spot gold traded near $4,620 per ounce after breaking key technical levels. The rally was driven by a weaker US dollar and increased demand for safe-haven assets amid fiscal concerns.2c18c8
Nationthailand
Analysts note that the breakout above the 200-day moving average has opened the door for further upside, with $4,700 now in focus if momentum continues.$XAU $SUI $DOT
Gold prices climbed to their highest level in more than three months, closing the week with gains of over 5%. Spot gold traded near $4,620 per ounce after breaking key technical levels. The rally was driven by a weaker US dollar and increased demand for safe-haven assets amid fiscal concerns.2c18c8
Nationthailand
Analysts note that the breakout above the 200-day moving average has opened the door for further upside, with $4,700 now in focus if momentum continues.$XAU $SUI $DOT