Gold fell after the US and Iran escalated attacks over the weekend, increasing risk-off demand but also stoking expectations that the Federal Reserve may need to raise rates to contain inflation. The shift in rate expectations is pressuring gold even as geopolitical tensions remain elevated.
Gold fell after the US and Iran escalated attacks over the weekend, increasing risk-off demand but also stoking expectations that the Federal Reserve may need to raise rates to contain inflation. The shift in rate expectations is pressuring gold even as geopolitical tensions remain elevated.
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mildly negative
Sentiment Score
-0.25
