Gold Slumps as Strong Dollar, Yields Offset War-Risk Premium
Gold slumped more than 5% after a four-day rally as traders weighed the escalating war in the Middle East against the prospect of a stronger dollar and elevated inflation.
By Yvonne Yue Li · Bloomberg Markets
Gold slumped more than 5% after a four-day rally as traders weighed the escalating war in the Middle East against the prospect of a stronger dollar and elevated inflation.