Spot gold fell 0.2% to $4,465.13 an ounce and was down nearly 1.6% for the week as traders weighed lingering U.S.-Iran peace uncertainty and Fed rate hike worries. The move points to a mild risk-off tone for gold, with higher-rate expectations and geopolitics keeping pressure on bullion.
Spot gold fell 0.2% to $4,465.13 an ounce and was down nearly 1.6% for the week as traders weighed lingering U.S.-Iran peace uncertainty and Fed rate hike worries. The move points to a mild risk-off tone for gold, with higher-rate expectations and geopolitics keeping pressure on bullion.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
