Gold prices retreated today from their highest levels in two weeks, amid rising tensions in the Middle East and increasing oil prices.

Gold stabilized in spot transactions at $4,132.01 per ounce, after rising to $4,165.87 in the previous session, which is its highest level since July 7.

U.S. gold futures for August delivery fell by 0.4% to $4,134.60.

As for other precious metals, the price of silver in spot transactions rose by 0.3% to $59.90 per ounce, while the price of platinum increased by 0.7% to $1,656…

The price of gold today retreated from its highest levels in two weeks, amid rising tensions in the Middle East and increasing oil prices.

Gold stabilized in spot transactions at $4,132.01 per ounce, after rising to $4,165.87 in the previous session, which is its highest level since July 7.

U.S. gold futures for August delivery fell by 0.4% to $4,134.60.

As for other precious metals, the price of silver in spot transactions rose by 0.3% to $59.90 per ounce, while the price of platinum increased by 0.7% to $1,656.24, and the price of palladium went up by 0.8% to $1,301.25.