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Gold slides 3% as Middle East escalation fuels inflation, rate-hike concerns
Gold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data, including the Producer Price Index, to gauge the Federal Reserve's monetary policy. Despite recent consolidation, inflation and central bank buying continue to support gold.
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economictimes.indiatimes.com
Gold extends losses on US interest rate-hike fears
Gold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent oil prices soaring, fueling inflation…
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Gold extends falls on rising Treasury yields
Gold prices dipped for a third consecutive session, influenced by rising Treasury yields and ongoing Middle East conflict concerns. Goldman Sachs anticipates the Fed will hold…
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Gold drops as oil climbs on renewed US-Iran hostilities
Gold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike concerns. Traders are now pricing in a high…
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straitstimes.com
Gold prices drop amid US-Iran hostilities
Explore how gold prices are affected by rising oil prices and renewed US-Iran hostilities, with insights on market adjustments and inflation concerns. Read more at…
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morningstar.com
Oil Prices Set to Keep Rising Even After Iran -2-
0813 GMT - Gold slides 2% as fresh U.S.-Iran strikes raise fears that a prolonged conflict and higher oil prices could fuel inflation and prompt interest-rate hikes by the Federal…
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hindustantimes.com
Gold prices drop 2.5% as US inflation data fuels Fed rate hike fears
Gold prices fall as US inflation stays strong, raising Fed rate hike fears. Dollar rise and market selloff keep gold under pressure worldwide.
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Gold slides 3% as Middle East escalation fuels inflation, rate-hike concerns
Gold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data, including the Producer Price Index, to…
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Gold hits over 6-month low on rate-hike concerns amid Mideast conflict
Gold prices dropped to a six-month low as U.S. strikes on Iran fueled oil prices and inflation concerns. This, coupled with strong U.S. consumer inflation data, reinforces…