Log in

Commodities & currencyMint

Gold drops to over one-year low as fading Middle East peace hopes fan inflation fears

Neutral0

GreyOak summary

Gold prices slid 3% to a one-year low of $3,880.93 per ounce amid fading Middle East peace hopes. The US dollar rallied to a near 19-month high, further pressuring the yellow metal.

What it affects

  • GoldNeutral 0

    Gold hit one-year low at $3,880.93.Rolling sentiment Neutral -2

  • GeopoliticsNegative -1

    Peace hopes faded due to Trump's stance.Rolling sentiment Negative -23

Source

Read the original at Mint

More news

All news →