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Gold Tumbles As Weekend U.S.-Iran Attacks Despite Recent MoU Renew Rate Hike Concerns

Commodities & Raw MaterialsInflationGeopolitics & WarMonetary PolicyInterest Rates & YieldsEnergy Markets & Prices

Gold prices fell on Monday, reversing part of two prior sessions of gains as renewed U.S.-Iran conflict concerns lifted oil-linked inflation risks and increased expectations for a U.S. Federal Reserve rate hike. The move reflects a risk-off backdrop in commodities, with higher inflation and tighter policy expectations weighing on bullion.

Analysis

Gold prices fell on Monday, reversing part of two prior sessions of gains as renewed U.S.-Iran conflict concerns lifted oil-linked inflation risks and increased expectations for a U.S. Federal Reserve rate hike. The move reflects a risk-off backdrop in commodities, with higher inflation and tighter policy expectations weighing on bullion.

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