S9/10geopolitical

Gold Declines as Fresh US-Iran Tension Fans Inflation Concerns

Gold declined to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire that had last week seen energy prices fall to pre-war levels and help temper expectations for an interest-rate hike.

29 Jun 2026, 00:07 UTCSource: Bloomberg MarketsOriginal source

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