Gold Falls to Near $4,000 on US-Iran Tensions, Inflation Fears
Gold (XAU/USD) slipped to around $4,000 in early Asian trading as escalating US-Iran tensions pushed oil prices higher, reigniting inflation worries.
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Gold edged lower to near the $4,000 mark during early Asian hours on Tuesday, extending its decline. The move came as heightened geopolitical tensions between the United States and Iran drove oil prices up, fueling concerns over rising inflation.
Source: FXStreet Forex News