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Gold off two-week peak as oil advances, Fed meeting eyed
Gold prices softened on Thursday after reaching recent highs. Escalating Middle East tensions boosted oil prices and the dollar's safe-haven appeal. Traders now await the Federal Reserve meeting for interest rate clues. Rising oil prices also fueled inflation concerns and potential Fed rate hikes. Other precious metals like silver and platinum saw modest gains.
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economictimes.indiatimes.com
Gold slips as oil prices advance, Fed rate-hike voices grow
Gold prices dropped on Monday as Middle East tensions escalated significantly. Brent crude oil surpassed ninety dollars a barrel, increasing inflation worries. Several U.S.…
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thehindubusinessline.com
Gold slips as oil prices surge past $90, Fed rate-hike voices grow
Gold prices dipped on Monday as an escalation in the Middle East war pushed Brent crude above $90 a barrel, heightening inflation concerns after many U.S. Federal Reserve…
