Gold drops 28% from January peak to $4,000/oz as US-Iran conflict drives oil prices higher, stoking inflation fears and Federal Reserve rate hike

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…

Gold prices fell amid US-Iran tensions and Fed rate hike expectations. Gold hitting $15,000 by December at 2.1% YES.

Gold drops 28% from January peak to $4,000/oz as US-Iran conflict drives oil prices higher, stoking inflation fears and Federal Reserve rate hike

Gold prices gained over 1% as investors tracked diplomatic efforts to ease the US-Iran conflict and assessed the impact on inflation and the Federal Reserves rate outlook. Spot…