Gold falls on firmer dollar, dimming US rate cut hopes - Reuters
Gold falls on firmer dollar, dimming US rate cut hopes Reuters
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<a href="https://news.google.com/rss/articles/CBMiqwFBVV95cUxQenhmYmhGQkNtcF9RZGRacDY4Ty1Vc0QtOC0tbWRUTV9PdDJNT3FlSkN3ZmNmNWZ1LUZLeTlZZGN1QkJvbkJqdEtCZkdJSmtLaGhxU0U3UjZER2xOREFuekNfMWFYS1lLcW41MTZ6NEZuakVaTXlwMTlmT2lHX1dqVG9ILVZuVTl4Q25jdTh4dndlSFFFNDRtZmJyYzZLTUxyRXBWZHBaQ0RUamc?oc=5" target="_blank">Gold falls on firmer dollar, dimming US rate cut hopes</a> <font color="#6f6f6f">Reuters</font>
Gold prices declined by 1.5% due to a stronger U.S. dollar and rising energy costs, which dampened expectations for near-term interest rate cuts.
Gold prices fell as a firmer U.S. dollar and higher oil prices renewed inflation concerns, reducing hopes for near-term interest rate cuts.
Gold prices fell over 1.5% to $5,090 as a surge in oil prices lifted the U.S. dollar, making gold more expensive for holders of other currencies.
Gold prices dipped as a stronger dollar and higher oil prices renewed inflation concerns, dampening expectations for imminent interest rate cuts.
Gold prices remained subdued as surging oil prices heightened inflationary risks, reducing the likelihood of Federal Reserve interest rate cuts.
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