Gold prices fell more than 1% on Tuesday and were headed for their steepest monthly decline since October 2008, as easing concerns over the Middle East conflict gave way to expectations of higher US interest rates to curb inflation, Reuters reported.

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

Gold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now anticipates U.S. interest rate hikes to…

Gold experiences its largest monthly drop since 2008, driven by hawkish Fed policies and rising inflation fears.

Gold prices are experiencing a significant monthly drop, nearing their largest decline since 2008. This downturn is driven by expectations of Federal Reserve interest rate hikes…

Gold faces its largest quarterly decline since 2013 amid hawkish Fed signals and rising inflation concerns.

Bullion slides as persistent inflation fuels expectations of higher US borrowing costs