Gold Price Retreats: Bullion Falls Below $4,200 as Iran Conflict Reignites

Gold extended its decline as Gold Price Retreats on Wednesday, falling below the $4,200-per-ounce threshold as renewed military exchanges between the United States and Iran unsettled financial markets and complicated expectations for inflation, interest rates and global trade. Spot gold dropped as much as 2% to below $4,175 an ounce after losing 1.6% in the previous […] The post Gold Price Retreats: Bullion Falls Below $4,200 as Iran Conflict Reignites appeared first on The Middle East Observer.