Gold falls on oil-driven inflation fears as Trump rejects Iran peace proposal - Reuters
Gold falls on oil-driven inflation fears as Trump rejects Iran peace proposal Reuters
Coverage by Political Leaning
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Notable Quotes
"Trump rejects Iran peace proposal."
— Donald Trump , Politician
"I have just read the response from Iran’s so-called ‘representatives’. I don’t like it – totally unacceptable."
— Donald Trump , Politician
""TOTALLY UNACCEPTABLE""
— Donald Trump , Politician
"TOTALLY UNACCEPTABLE"
— Donald Trump , Politician
Key People
Former president of the United States known for his aggressive economic policies.
British Prime Minister and leader of the Labour Party.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxNS1R4YmxvUWpZMGJaX3FrMXY2aGNsNG1TZ1JFc08weHF0cXRWd0s5a04xV2xEamNKNWFrT1VXWEZnRHIyZlczejVDblEzS1Z6N2NmTG14aVVkcHJQOUtreDd3TTZKUWtkSmp1aXRuckNFaXdJbThub1RPV3E0aDc4OHNPZnYweWt4MWR4UG1nU0NEMXpaU2V4OUhLNE5JdDVJQlZWREFFRUtqV2N4MVlnbDB0cw?oc=5" target="_blank">Gold falls on oil-driven inflation fears as Trump rejects Iran peace proposal</a> <font color="#6f6f6f">Reuters</font>
Gold prices declined as stalled US-Iran peace negotiations led to higher oil prices, raising concerns about sustained inflation and prolonged interest rates.
Oil prices surged after President Trump's rejection of Iran's response to the US peace proposal, with Brent crude rising to $103.50 per barrel.
Gold prices fell below $4,700 an ounce after President Trump's rejection of Iran's response to the peace proposal, sustaining inflation concerns.
Gold prices declined as President Trump's dismissal of Iran's response to the US peace proposal led to higher oil prices and inflation concerns.
WTI crude futures jumped 3% to above $98 per barrel after President Trump's rejection of Iran's response to the peace proposal.
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