Story thread · 3 reports / 2 sources
US-Iran tensions add another layer of volatility to gold as oil prices complicate Fed outlook
businesstoday.in · 2d
How the coverage leans
Across 2 sources · syndicated copies counted once
Gold prices came under pressure as surging crude oil prices amid escalating US-Iran tensions fuelled inflation concerns and lifted bets on a US Fed rate hike. A stronger dollar and rising US Treasury yields have further weighed on the precious metal.
First report: Dollar Has Best Day in Two Weeks as PPI, Oil Add to Fed Bets — bloomberg.com, 4d
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