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Gold rises on softer dollar, oil as markets weigh US-Iran peace optimism
Gold prices dipped on Wednesday, pressured by a strengthening dollar and escalating oil prices amidst renewed Middle East conflict. Hopes for a quick U.S.-Iran resolution have faded, impacting diplomatic progress. Analysts suggest this geopolitical tension, coupled with inflation risks and potential interest rate hikes, is weighing on the precious metal.
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thedailystar.net
Gold prices fall
Gold prices fell on Monday as renewed US-Iran tensions pushed the dollar and oil prices higher, fuelling fears of inflation and reinforcing the higher-for-longer interest rate…
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economictimes.indiatimes.com
Gold eases on stronger oil as fresh Mideast hostilities erupt
Gold prices dipped on Wednesday as escalating Middle East tensions fueled crude oil gains, intensifying inflation and interest rate hike concerns. Renewed Gulf hostilities and…
