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Gold price prediction: Why is gold rate down today? What to expect for bullion in July, August

Gold rate today down as oil prices rose following days of tit-for-tat strikes by the United ⁠States and Iran in the Middle East raising apprehnsions over Strait of Hormuz.

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economictimes.indiatimes.com

thehindubusinessline.com

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AI · summaries

thehindubusinessline.com1 g fa

Gold slips as fresh US-Iran strikes boost oil, Fed rate-hike bets weigh

Gold prices decline as US-Iran tensions escalate oil markets and Fed rate-hike expectations weigh heavily on investors.

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economictimes.indiatimes.com1 g fa

Gold slips as US-Iran tensions lift oil, US rate-hike bets weigh

Gold fell 0.5% to $4,067.99/oz as U.S.-Iran tensions and Fed rate expectations weighed; traders price 3 hikes this year, 77% chance in December. Fed hikes and inflation >4% compress AI startup valuations and slow enterprise IT spending growth for the rest of 2026.

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Timeline cronologica

lunedì 29 giugno 2026·economictimes.indiatimes.com
Gold price prediction: Why is gold rate down today? What to expect for bullion in July, August
Gold rate today down as oil prices rose following days of tit-for-tat strikes by the United ⁠States and Iran in the Middle East raising apprehnsions over Strait of Hormuz.
lunedì 29 giugno 2026·economictimes.indiatimes.com
Gold slips as US-Iran tensions lift oil, US rate-hike bets weigh
Gold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added further pressure. Despite a brief missile…