Gold slips on bets of higher rates as war fuels inflation fears

Reuters·Jun 3

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Gold prices have declined amid expectations of higher interest rates, fueled by concerns over inflation due to escalating tensions in the Middle East. The surge in oil prices and robust US jobs data have also contributed to the decline in gold prices. Reports vary on the extent of the decline, with gold falling to lows not seen in several months.

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Gold slips on bets of higher rates as war fuels inflation fears

Full coverage

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