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Gold set for biggest weekly drop
Gold rose on Friday but was on track for its biggest weekly loss in six. This came as escalating US-Iran tensions drove energy prices higher. The situation fuelled inflation fears and reinforced expectations of US interest rate hikes.
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economictimes.indiatimes.com
Gold set for biggest weekly fall in six as Iran war fans inflation worries
Gold prices saw a rebound on Friday, yet are set for a significant weekly loss. Renewed clashes between the United States and Iran have lifted oil prices considerably. This…
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thehindubusinessline.com
Gold is set for weekly fall amid West Asia tensions. What’s ahead?
Gold prices face weekly losses amid rising Fed-hike bets, driven by renewed Middle East tensions and inflation concerns.
