Gold prices dipped, heading for a weekly decline as Middle East tensions overshadowed peace prospects. Rising inflation and potential interest rate hikes by the US Federal Reserve also weighed on the precious metal. Investors now await crucial US jobs data to gauge the Fed's next move. Other precious metals like silver, platinum, and palladium also saw losses.

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…

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…

Gold prices dipped, heading for a weekly decline as Middle East tensions overshadowed peace prospects. Rising inflation and potential interest rate hikes by the US Federal Reserve…