Gold prices were notably lower on Thursday as traders focused on inflation risks stemming from higher energy prices and supply disruptions linked to the Iran war.
While softer-than-expected U.S. inflation data eased concerns about near-term Federal Reserve interest-rate hikes, there are fears that higher energy prices as a result of mounting geopolitical risks in the Middle East could keep interest rates elevated.
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Gold Edges Lower On Oil-led Inflation Concerns
2026-07-16 10:13:38
