🔴 Despite escalating tensions between the US and Iran, gold is declining!



The reason is that markets are fearing a new wave of inflation due to rising energy risks, which could force central banks to postpone interest rate cuts and keep rates high for a longer period.

The dollar and bond yields have received a significant boost, while gold has come under some pressure.

$XAUT
{spot}(XAUTUSDT)
$XAU
{future}(XAUUSDT)
XAUT0.14%
XAU0.19%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned