Gold falls on oil-driven inflation fears as Trump rejects Iran peace proposal - Reuters

<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>&nbsp;&nbsp;<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.