Gold tumbles as Oil shock fuels USD rally
Gold (XAU/USD) price drifts lower by about 1.49% on Monday as the Greenback gains ground amid escalating hostilities in the Middle East, pushing energy prices higher and increasing the likelihood of higher interest rates globally.
Original · FXStreet AI summary of public reporting
Why: Oil shock fuels USD rally and Fed hike bets
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At publication → CurrentGOLD4,169 → 4,171+0.0%