• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Gold Rises to $1,307.50 per Ounce on Geopolitical Tensions

    Investing News Network
    Jul. 23, 2014 11:20AM PST
    Precious Metals

    Gold rose $0.50 on Wednesday to trade at $1,307.50 per ounce, according to Reuters.

    Gold rose $0.50 on Wednesday to trade at $1,307.50 per ounce, according to Reuters. The metal found a boost from continued tensions in Ukraine and the Middle East, but also felt the pressure of rising stock markets. The summer season is also historically quiet for precious metals trading, and physical demand from Asia is weak. Both of these factors make a sharp rise in price unlikely.

    “Bullion slipped lower alongside the VIX volatility index as risk sentiment improved and equities gained,” VTB Capital analyst Andrey Kryuchenkov told Reuters. “This suggests that last week’s safe-haven buying had run out of steam, being the key driver lately.”

    U.S. gold futures for August delivery rose $2.40 to trade at  $1,308.70 an ounce.

    vtb capitalprecious metals tradinggold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Stack of gold bars with graph line in the background.

    Gold Price Hits Another New All-time High, US$3,600 in Reach

    Gold Rises to $1,211.60 per Ounce on Falling Dollar

    Latest News

    Update On The Mosseau Drill Program And Details Of New Fall, 2025 Exploration Program

    Locksley Advances Multiple Antimony & REE Workstreams

    Option Exercise Nets $2.3M to Expand Exploration at Pinjin

    Locksley Resources Limited Advances Multiple Antimony and REE Workstreams

    Blackstone Minerals Investment Mankayan Project Update

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Mount Hope Mining

    MHM:AU

    Walker Lane Resources

    WLR:CC

    Rua Gold

    RUA:CC

    Golconda Gold

    GG:CC

    Falco Resources

    FPC:CC

    Adavale Resources

    ADD:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES