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Gold at two-month lows as US-Iran strikes boost inflation fears, PCE data on tap
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 more air strikes, boosting the dollar and crude prices, and fueling expectations of higher interest rates.Spot gold was down 1.5 per cent at $4,389.99 per ounce as of 0902 GMT, earlier
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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…
