Gold falls to a two-week low as oil prices surge, raising inflation concerns and increasing expectations for U.S. interest rate hikes.
Gold slid to a two-week low on Tuesday
as the U.S.-Iran conflict in the Gulf sent oil prices soaring
and fuelled inflation fears, with hawkish remarks from Federal
Reserve Governor Christopher Waller further reinforcing bets on
higher U.S. interest rates.Spot gold was down 0.2% at $3,993.83 per ounce by
Gold slips as oil rally raises inflation concerns
Gold drops more than 1% as rising Middle East tensions add to rate-hike fears
Gold slides over 1% as oil surges on Strait of Hormuz closure fears
Gold falls as US-Iran strikes boost oil prices, Fed rate hike expected
Gold prices decline as rising oil fuels inflation concerns and uncertainty over U.S. interest rates impacts investor sentiment.
Gold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate…
Gold prices dropped to a six-month low as U.S. strikes on Iran fueled oil prices and inflation concerns. This, coupled with…
May 28 : Gold prices fell to a two-month low on Thursday as fresh U.S. attacks on Iran boosted the dollar and pushed oil prices…
May 28 : Gold prices dropped to a two-month low on Thursday as inflation fears were stirred up after the U.S. and Iran traded…
May 28 : Gold prices fell to a two-month low on Thursday as fresh U.S. attacks on Iran boosted the dollar and pushed oil prices…
