Gold drops 26% from January peak as Middle East conflict fuels Fed rate fears
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🟠 Gold has dropped 26% from its January peak, now trading near $4,100 an ounce.
🛢️ The Iran conflict keeps oil and inflation high, strengthening expectations of more Fed rate hikes.
💡 Investors in $GLD seek new support as gold's safe-haven appeal faces fresh challenges.
Continue Reading:Gold drops 26% from January peak as Middle East conflict fuels Fed rate fears
The post Gold drops 26% from January peak as Middle East conflict fuels Fed rate fears appeared first on COINTURK NEWS.
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