Gold prices dropped 1.2% on conflicting US-Iran ceasefire signals while Bitcoin rallied above $65,000 as traders weigh geopolitical risk and peace talk

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…

Bullion eased after Washington and Tehran agreed to pause hostilities and restart negotiations, while easing rate-hike concerns offset renewed tensions in the Strait of Hormuz.

Gold prices dropped 1.2% on conflicting US-Iran ceasefire signals while Bitcoin rallied above $65,000 as traders weigh geopolitical risk and peace talk