Gold prices have plunged on Thursday as concerns of energy-linked inflation leading to a high interest rate regime in the U.S. overrode gold’s safe-haven status following a New York Times report that the U.S. and Israel are planning to conduct a short but intense military operation against Iran in November.
Front Month Comex Gold for December delivery has plummeted by $92.40 (or 2.23%) to $4,057.60 per troy ounce.
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Market Analysis
Gold Plummets As Inflation Concerns Surface Amid Reports Of Fresh U.S. Attacks On Iran
2026-10-22 17:39:01
