Gold prices traded lower on Wednesday, extending losses from the previous session as investors fretted about oil-driven inflation and the potential impact on interest rates. Spot gold dipped 0.4 percent to $4,490.29 an ounce amid renewed U.S.-Iran tensions near the Strait of Hormuz. U.S. gold futures for August delivery were down 0.3 percent at $4,522.70.Iran has accused the United States of breac…
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Market Analysis
Gold Dips Below $4500 On Rate Hike Worries
2026-05-27 09:58:20
