US airstrikes on Iran drove gold down 2% to near $4,000/oz as inflation fears revived rate hike concerns, dragging Bitcoin down with it.

US airstrikes on Iran drove gold down 2% to near $4,000/oz as inflation fears revived rate hike concerns, dragging Bitcoin down with it.

Gold prices fall amid US-Iran tensions boosting oil. Crude oil reaching a new all-time high by December 31 at 10.5% YES.

Gold prices fluctuate as investors react to US strikes on Iran and anticipate Federal Reserve meeting minutes.