The Story
News Summary
- Gold prices dropped to multi-month lows as geopolitical tensions in the Middle East spiked oil prices.
- Rising energy costs and robust US employment data fueled expectations of further Federal Reserve interest rate hikes, undermining the appeal of non-yielding assets like gold.
Explore XAUUSD price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
XAUUSD price history
4336.30
-8.89% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.