Gold prices dropped to a six-month low as US strikes on Iran spiked oil prices, intensifying inflation fears and bolstering expectations of prolonged high US interest rates.
Spot gold fell by 0.2% to $4,063.87
Jun 11, 2026
10:41 am
What's the storyGold prices have plunged to a six-month low, following fresh US military strikes on Iran.
The action has pushed oil prices higher, fueling inflation concerns and strengthening expectations of prolonged high US interest rates.
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