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Gold steady as Mideast escalation tempers easing inflation optimism
Gold prices remained stable as U.S. inflation data showed easing pressures. However, Middle East conflict escalation drove oil prices higher, reviving energy cost concerns. U.S. producer prices unexpectedly fell in June, indicating subsiding inflation before recent events. Federal Reserve officials expressed determination to bring inflation down soon. China's economy expanded at its slowest pace in over three years.
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economictimes.indiatimes.com
Gold drops more than 1% as rising Middle East tensions add to rate-hike fears
Gold prices saw a notable decline amidst rising tensions in the Middle East, driven by concerns over inflation linked to escalating oil prices. The prospect of an interest rate…
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cryptobriefing.com
Gold prices drop as yields rise, oil surges on Middle East tensions
Gold prices drop as yields rise, while oil surges amid Middle East tensions. Crude oil reaching a new all-time high by December 31 at 14.5% YES.
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thehindubusinessline.com
Gold drops to 2-week low as oil surge drives inflation, rate-hike fears
Gold falls to a two-week low as oil prices surge, raising inflation concerns and increasing expectations for U.S. interest rate hikes.
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Gold rises from two-week low ahead of US inflation data
Spot gold was up 0.6% at $4,023.77 per ounce by 0747 GMT, after touching its lowest level since July 1 at $3,983.29
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Gold edges higher on soft US inflation, Gulf conflict clouds rate outlook
Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil prices, however, limited gains for the…
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Gold slips as oil rally keeps inflation, rate outlook on investors' radar
Gold prices decline as rising oil fuels inflation concerns and uncertainty over U.S. interest rates impacts investor sentiment.
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Gold slips as oil rally raises inflation concerns
Spot gold fell 0.6% to $4,028 on July 15 as oil surged above $80 per barrel, raising inflation fears and complicating Federal Reserve rate policy.
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Gold rises on US PPI data, Middle East tensions boost safe-haven demand
Gold prices rose on U.S. PPI data and Middle East tensions. Gold hitting $10,000 by December is at 4.2% YES.
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Gold steady as Mideast escalation tempers easing inflation optimism
Gold prices remained stable as U.S. inflation data showed easing pressures. However, Middle East conflict escalation drove oil prices higher, reviving energy cost concerns. U.S.…
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hindustantimes.com
Gold steadies as soft inflation, war risk cloud federal rate outlook
Gold has traded close to $4,000 an ounce in recent weeks after losing 14% in the second quarter, its worst showing since 2013. | World News
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Gold falls as Mideast escalation dims hopes of easing inflation
Gold prices drop as escalating Middle East tensions raise inflation concerns and oil prices soar, impacting financial markets.