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Gold falls to two-month low, sells below N200,000 per gram

Summary by Nairametrics
Spot gold has fallen to a two-month low, testing a significant technical floor at its 200-day Simple Moving Average (SMA).   The post Gold falls to two-month low, sells below N200,000 per gram  appeared first on Nairametrics.
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3 Articles

Gold prices fell on Thursday as renewed US attacks on Iran pushed oil prices higher, raising concerns about rising inflation and casting a shadow over economic forecasts.

Rising inflation concerns in global markets and uncertainties surrounding the US Federal Reserve's (Fed) interest rate policy have led to a sharp decline in gold prices. Parallel to the losses in ounce gold, gram and quarter gold prices in Turkey also started the day lower.

·Türkiye
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Aydınlık broke the news in Türkiye on Thursday, May 28, 2026.
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