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Gold hits two-month low as US-Iran tension stokes inflation and rate hike fears
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 higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down 1.5 per cent at $4,388.76 per ounce, as of 0740 GMT, earlier falling to its
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economictimes.indiatimes.com
Gold slips as US-Iran tensions lift oil, stoke inflation fears
Gold prices dipped as escalating U.S. actions in Iran sent oil soaring, sparking inflation worries and prolonging high interest rates. Despite ongoing diplomatic efforts, U.S.…
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middleeasteye.net
Gold falls as Iran tensions fuel inflation concerns
Gold prices fell on Tuesday after renewed US military strikes in Iran pushed oil prices higher, raising concerns that inflation could remain elevated and keep interest rates…
