Gold prices were little changed at about $4,016/oz after earlier falling to their lowest level in nearly eight months. The pullback was attributed to Fed rate-hike jitters alongside lingering U.S.-Iran tensions over control of the Strait of Hormuz, but the latest move suggests stabilization rather than renewed downside.
Gold prices were little changed at about $4,016/oz after earlier falling to their lowest level in nearly eight months. The pullback was attributed to Fed rate-hike jitters alongside lingering U.S.-Iran tensions over control of the Strait of Hormuz, but the latest move suggests stabilization rather than renewed downside.
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