Gold Hits 8-Month Low as Oil Surge Sparks Inflation Fears
Gold slumped to an eight-month low as renewed conflict pushed oil prices higher, reviving inflation fears and reducing expectations for rate cuts, pressuring bullion.
Market context
Follow the story. See which markets it affects. Explore the context.
Gold slumped to an eight-month low as renewed conflict pushed oil prices higher, reviving inflation fears and reducing expectations for rate cuts, pressuring bullion.