Gold drops below $4,000 as U.S.-Iran tensions lift crude oil
Front-month gold futures fell below $4,000 per ounce after renewed U.S.-Iran strikes pushed up crude oil prices. The rise in oil revived concerns about inflation and potential rate hikes.
More World news
- EnterpriseDB Hires CMRD Engineering Team to Strengthen Sovereign AI Governance
- Alliant Credit Union Executive Meredith Ritchie Named 2027 Chicago Titan 100 Honoree
- Fed's Schmid Argues Construction Productivity is Key to Housing Affordability Over Interest Rate Cuts
- PROG Holdings Reports 59% GMV Growth and Announces $100 Million Share Repurchase Program
- Corteva Shares Plunge Over Q3 Earnings Miss and Pricing Pressures
- Teekay Tankers Shares Decline Despite Q3 Earnings Beat and New Vessel Orders
- U.S. 30-Year Treasury Auction Yields Rise as Demand Weakens
- Nvidia Names Colette Kress Interim CEO Following Jensen Huang's Resignation
- Bit Digital Reports Q3 2026 Net Income of $28.5 Million Amid Revenue Decline
- EZCORP Reports Strong Q4 2026 Results with Significant EBITDA and Revenue Growth