Gold Falls Below $4,100 as US-Iran Strikes Fuel Oil Surge and Rate-Hike Expectations
Gold fell below $4,100 as US-Iran tensions raised oil prices, boosting inflation and rate-hike fears, reducing gold's safe-haven appeal.
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Follow gold prices with demand trends and macro drivers that shape safe-haven flows.
Gold fell below $4,100 as US-Iran tensions raised oil prices, boosting inflation and rate-hike fears, reducing gold's safe-haven appeal.
Gold closed at $4,089 after briefly falling below $4,000, but remains down 8% for the month and 19% over six months.
Gold fell to around $4,025 an ounce, losing nearly 12% in a month as a stronger US dollar and easing geopolitical risks weighed on safe-haven demand.
Investors Shift Away From Traditional Safe Havens as Higher Real Yields and Dollar Strength Reshape Market Dynamics
Masadir Economics platform's 90-day historical analysis, gold has declined approximately 15.8% over the past three months,
Gold Loses 12% Despite War and Oil Surge. Has the World's Favorite Safe Haven Lost Its Edge? Gold Erodes $628 in 90 Days
Gold slid to $4,572.52 per ounce today, down 2.60% over the past 24 hours, after touching a session high of $4,712.23
Gold rose above $4,700 as Iran-US deal talks eased inflation fears and weakened the dollar, boosting gold's appeal after recent declines.
Deutsche Bank says geopolitical shifts could push gold to $14,000/oz, as central banks boost gold reserves over the dollar.
Gold fell 2.02% and silver 1.6% this week, mainly due to easing geopolitical risks, higher US yields, profit-taking, and weak industrial demand.
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سياسة ملفات الارتباط وسياسة الخصوصية
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