Gold Prices Slip as Inflation Concerns Rise Following Stalled Washington-Tehran Talks

Gold prices declined on Monday as renewed tensions surrounding stalled negotiations between Washington and Tehran intensified inflation concerns and reinforced expectations that US interest rates could remain elevated for longer, while a firmer US dollar added further pressure on bullion markets. According to Bloomberg, spot gold traded near $4,674 per ounce, although prices remained historically […] The post Gold Prices Slip as Inflation Concerns Rise Following Stalled Washington-Tehran Talks appeared first on The Middle East Observer.