Gold Prices Decline Amid Lower US Rate Cut Expectations
Gold prices in the spot market fell today due to reduced expectations for US interest rate cuts, supported by strong US job data and rising oil prices amid escalating tensions in Iran.
US interest rates
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Gold Prices Drop Over 1% Amid Rising US Rate Hike Expectations
Gold prices fell on Thursday as expectations grew regarding the Federal Reserve's interest rate hikes this year, driven by inflation concerns stemming from rising oil prices. Investors are closely monitoring developments in ceasefire efforts in the Middle East.