Growing expectations of interest rate hikes amid heightened Middle East tensions weigh on gold prices

Gold prices were slightly soft. Earlier, renewed tensions in the Middle East pushed oil prices higher again, exacerbating worries about inflation and reinforcing market expectations that the Federal Reserve will tighten monetary policy. Spot gold earlier edged down slightly to $4,120 per ounce. New York’s COMEX August gold futures closed at $4,113.7 per ounce, down about 0.7%. (BC) #金價 # US stocks
<匯...
View Original
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