Gold Retreats as Iran Conflict and Rate Outlook Drive Market Volatility
The Middle East Observer [Unofficial]
April 28, 2026
CAIRO — Gold prices declined on Tuesday as investors weighed the impact of the ongoing conflict involving Iran alongside shifting expectations for global interest rates, according to market data reported by Bloomberg. Spot gold fell by around 1.2% to $4,624 per ounce in London trading, after briefly dropping below $4,620, reflecting continued volatility as markets […]
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