🔴 Despite escalating tensions between the US and Iran, gold is declining!
The reason is that markets are fearing a new wave of inflation due to rising energy risks, which could force central banks to postpone interest rate cuts and keep rates high for a longer period.
The dollar and bond yields have received a significant boost, while gold has come under some pressure.
XAUT
4,395.16
-1.96%
XAUUSDT
دائم
4,418.08
-2.03%