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Jul. 16, 2026

Gold falls 2% as escalating Middle East tensions reinforce US rate-hike bets

Gold falls 2% as escalating Middle East tensions reinforce US rate-hike bets

Gold fell 2% on Thursday, as escalating Middle East tensions pushed oil prices and U.S. Treasury yields higher, heightening inflation concerns and reinforcing expectations of elevated U.S. interest rates. Spot gold was down 1.5% at $4,001.17 per... Read more.

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