Gold Price Rises 2.5% to $4,369.28 per Ounce

Gold prices have risen by 2.5%, reaching $4,369.28 per ounce, according to a report from Odeali. Reuters reported that at 4:10 p.m. KST on the 17th, the spot gold price stood at $4,314.64, up 1.2%. The news agency noted that gold prices rose amid market digestion of U.S. Federal Reserve interest rate hikes and further tightening signals.