Gold has fallen 14% since the Iran conflict as inflation and fears of rate hikes have outweighed its safe-haven status. Traders are pricing a 'higher-for-longer' rate environment, putting bullion and other precious metals under sustained pressure despite ongoing geopolitical tensions.
Gold has fallen 14% since the Iran conflict as inflation and fears of rate hikes have outweighed its safe-haven status. Traders are pricing a 'higher-for-longer' rate environment, putting bullion and other precious metals under sustained pressure despite ongoing geopolitical tensions.
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Request a DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
