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Gold, silver slide up to 2% as fresh US strikes on Iran fuel inflation fears, hurt peace hopes
Gold prices declined on Thursday as U.S. strikes on Iran boosted oil and fueled inflation concerns, impacting interest rate outlooks. Spot gold fell 0.8% to $4,419.60 per ounce. Investors await U.S. PCE data for Federal Reserve policy signals, with officials indicating rates may remain unchanged for now.
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thehindubusinessline.com
Gold jumps as prospects of Iran deal temper inflation concerns
Gold prices rise 1.6% to $4,580 as US-Iran deal prospects ease inflation worries amid ongoing negotiations.
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newsbytesapp.com
Gold, silver prices soar 4% on US-Iran peace talks
Gold and silver prices rose sharply, with gold up 1.4% and silver jumping 3.9%, as falling oil prices and US-Iran peace talk optimism eased inflation concerns.
