Gold rate: Higher interest rates increase the opportunity cost of holding non-yielding gold. Spot gold was down more than 1 per cent for the month.

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…

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…

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…

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…

Gold prices dipped as escalating U.S.-Iran tensions fueled oil price surges, sparking inflation worries and casting a shadow over the Federal Reserve's interest rate decisions.…

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.…

The metal is down nearly 20 per cent from its all-time high in January as investors focus on the Federal Reserve’s plans to combat inflation.

Gold prices dropped to a two-month low on May 28, as US-Iran tensions strengthened the dollar and fueled inflation concerns, impacting market sentiment.

Spot gold prices were trading at their lowest level since late March.

Spot gold fell 1.5% to $4,392.57/oz on May 28, hitting a two-month low after US economic data boosted the dollar and pushed back rate-cut expectations.

Gold prices edged higher as investors weighed a potential U.S.-Iran ceasefire deal against persistent inflation concerns and the prospect of prolonged U.S. interest rate hikes.…

Spot gold rose 1.1% to $4,504 on US-Iran ceasefire extension news, but remains down 2.3% for May. Here's what it means for crypto and risk assets.

Gold rate: Higher interest rates increase the opportunity cost of holding non-yielding gold. Spot gold was down more than 1 per cent for the month.