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Gold falls as Houthi attack lifts oil, Fed rate-cut hopes dim

Summary by Business Recorder
Gold prices fell on Monday, as a surge ‌in energy prices fuelled inflation worries and dampened expectations for U.S. Federal Reserve interest rate cuts this year. Spot gold fell 0.6% to $4,466.99 per ounce as of 0238 GMT. US gold futures for April delivery shed ​0.6% to $4,496.30. Gold has lost more than 15% so far this month, marking its ​steepest monthly decline since October 2008, as the US dollar strengthened. The currency ⁠has gained more …

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Gold falls as Houthi attack lifts oil, Fed rate-cut hopes dim

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Upstract broke the news in on Monday, March 30, 2026.
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