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Gold Declines as Renewed US-Iran Strikes Raise Rate-Hike Bets
- 1 min read - Source: Bloomberg
TOP SUMMARY
Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate...
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Key points
- Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.
What happened
Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.