Gold falls as Middle East tensions lift Oil prices, Fed rate hike bets
Gold falls as Middle East tensions lift Oil prices, Fed rate hike bets
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Gold Falls as Middle East Tensions Raise Inflation Concerns
() -- Gold prices fell below $4,100 per ounce on Friday as higher oil prices tied to Middle East tensions raised inflation concerns and strengthened expectations of tighter US monetary policy. The metal dropped after renewed US-Iran hostilities lifted oil prices, increasing supply concerns and supporting expectations t