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strikeJun 3, 2026

Hawkish Fed risk continues to weigh on gold as US-Iran stalemate drags on, tensions rise

Summary

- Hawkish Fed risk continues to weigh on gold as US-Iran stalemate drags on, tensions rise Gold is again on the backfoot as yet another rally on optimism gets faded. Tonight, Iran's IRGC launched a wave of ballistic missile attacks targeting US military bases across the Gulf, including an Air Base in Kuwait.

Source: CurrentsAPI — Read the full report

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Sources

  • CurrentsAPI

    - Hawkish Fed risk continues to weigh on gold as US-Iran stalemate drags on, tensions rise Gold is again on the backfoot as yet another rally on optimism gets faded. Tonight, Iran's IRGC launched a wave of ballistic missile attacks targeting US military bases across the Gulf, inc…

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