Gold Declines as Fresh US-Iran Tension Fans Inflation Concerns
Gold declined to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire that had last week seen energy prices fall to...
By Yihui Xie · Bloomberg Markets
Gold declined to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire that had last week seen energy prices fall to pre-war levels and help temper expectations for an interest-rate hike.