Published Jul 12, 2026, 7:13 PM ET · Updated 4 months ago · 1 source

Gold Declines as Renewed US-Iran Strikes Raise Rate-Hike Bets

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Gold Declines as Renewed US-Iran Strikes Raise Rate-Hike Bets

Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.