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strikeJul 16, 2026

Gold price falls as US-Iran hostilities rekindle Fed hike bets

Summary

Gold price falls as US-Iran hostilities rekindle Fed hike bets Gold declined as escalating tensions in the Middle East rekindled expectations that the Federal Reserve may need to hike interest rates to contain stubborn inflation.

Source: CurrentsAPI — Read the full report

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Sources

  • CurrentsAPI

    Gold price falls as US-Iran hostilities rekindle Fed hike bets Gold declined as escalating tensions in the Middle East rekindled expectations that the Federal Reserve may need to hike interest rates to contain stubborn inflation. Bullion fell as much as 2.3% to trade below $4,000…

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