Gold Prices Fall as US Attacks in Iran Fuel Oil Surge and Fears of Another Fed Rate Hike

Gold fell on Tuesday as fresh U.S. attacks in Iran ‌pushed oil prices higher, fuelling concerns around inflation and higher-for-longer interest rates.Spot gold was down 0.6% at $4,542.20 per ounce as of 0401 GMT. U.S. gold futures for June delivery gained 0.4% ​to $4,542.80.Iran’

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