Gold slips as investors weigh Middle East tensions, rate outlook
Gold prices fell Monday as market participants weighed new US-Iran threats and how they could affect inflation and interest-rate expectations.
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Oil slips while gold holds steady as rate worries persist
On September 21, commodity markets were mixed: oil prices fell as investors weighed prospects for recovering Saudi shipments amid heightened Middle East tensions, while gold was steady as traders assessed persistent inflation risks and the outlook for interest rates after the US Fed.
Gold Slips as Dollar, Yields Weigh
Gold prices traded around $4,290 an ounce on Tuesday, their lowest level since early August, pressured by a stronger US dollar and elevated Treasury yields. Rising crude oil prices have also fueled concerns over renewed inflationary pressures, as investors brace for an expected Federal Reserve interest rate hike this w
Gold tops $4,390 as dollar slips ahead of US inflation data
Gold rose above $4,390/oz as the US dollar slid to a four-month low. Investors weighed renewed inflation risks tied to escalating Middle East tensions and awaited Thursday producer-price data and Friday CPI for Fed policy outlook.