Gold Declines as Fresh US-Iran Tension Fans Inflation Concerns

Gold declined to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire that had last week seen energy prices fall to pre-war levels and tempered expectations for an interest-rate hike.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.