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Gold prices face turbulence as oil, Fed risks increase
Renewed hostility between the US and Iran could cause global gold prices to plunge to US$3,600-3,800 an ounce, or 60,000 baht per baht-weight for domestic gold bar, especially if oil prices rise to $90-100 a barrel and remain at that level for more than a month, according to Thailand's leading gold trader MTS Gold.
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cryptobriefing.com
Gold prices fall amid Hormuz tensions, Fed rate hike prospects
Gold prices decline amid Hormuz tensions and Fed rate hike signals. Gold at $4,600 in July at 1.1% YES, dip to $3,900 at 54% YES.
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economictimes.indiatimes.com
Gold price prediction: Will gold rate go up in August even if Strait of Hormuz remains closed, Iran war continues? Details here
Gold rate today: Gold price has been heavily impacted by the latest developments surrounding the Strait of Hormuz and U.S.-Iran war.
