Gold, silver prices seeing a decline today: What's the reason?

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.