Gold prices decline as rising oil fuels inflation concerns and uncertainty over U.S. interest rates impacts investor sentiment.
Gold prices fell on Wednesday after
climbing more than 2% in the previous session, as rising oil
prices fuelled inflation concerns and uncertainty over the U.S.
interest-rate outlook, weighing on non-yielding bullion.Spot gold was down 0.5% at $4,035.67 per ounce, as of
0300 GMT. U.S. gold futures for August delivery eased
Gold slips as oil rally raises inflation concerns
Gold edges higher on soft US inflation, Gulf conflict clouds rate outlook
Gold drops more than 1% as rising Middle East tensions add to rate-hike fears
Gold steady as Mideast escalation tempers easing inflation optimism
Gold slides over 1% as oil surges on Strait of Hormuz closure fears
Gold falls to a two-week low as oil prices surge, raising inflation concerns and increasing expectations for U.S. interest rate…
Gold prices dipped for a second week, pressured by escalating oil costs and growing inflation worries. Concerns over potential…
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Gold prices rise over 1% as lower oil prices ease inflation fears, while a key resistance level looms ahead.
Gold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate…
Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising…
