Gold Slips as Oil, Bond Yields Climb on Waning U.S.-Iran Peace Hopes
Spot gold fell 0.5% as oil hit a more than two-week high and the 30-year Treasury yield climbed near a 20-year peak, analysts said.
6 Articles
6 Articles
US stock futures drop as fading Iran peace hopes lift oil, bond yields
Gold prices fell in Europe on Tuesday; the dollar index is recovering and oil prices are rising. Increased tensions with Iran are strengthening demand for safe-haven assets, while the Fed minutes will provide clues about interest rate hikes later this year. Gold prices fell in Europe on Tuesday; the dollar index showed signs of recovery and oil prices rose. Concerns about renewed tensions with Iran strengthened demand for safe-haven assets, and …
Gold Edges Lower As Oil-Driven Inflation And US-Iran Tensions Lift Dollar
BitcoinWorld Gold Edges Lower as Oil-Driven Inflation and US-Iran Tensions Lift Dollar Gold prices drifted lower in early trading as rising oil-driven inflation concerns and escalating US-Iran tensions strengthened the US dollar, putting pressure on the precious metal. As of the latest session, spot gold was down 0.3% to $2,350 per ounce, while US gold futures also slipped, reflecting a cautious market mood. Oil-Driven Inflation and Dollar Stre…
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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