Global gold prices fall as US-Iran conflict and Fed rate hike concerns grow

today.line.me (Thai)

Global gold prices are nearing $4,100 per ounce due to concerns over US-Iran conflict and potential Fed rate hikes. The conflict raises inflation fears, increasing the likelihood of the Federal Reserve maintaining a tight monetary policy. Gold prices have seen a slight dip after recent gains. Investors are hesitant amid ongoing US-Iran tensions. Higher interest rates typically reduce gold's appeal as it offers no yield.


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Global gold prices fall as US-Iran conflict and Fed rate hike concerns grow | News Minimalist