Market

Gold Falls as Oil Prices Surge Due to US-Iran Hostilities

Doha: Gold prices slipped on Monday as renewed US-Iran hostilities pushed oil prices higher, while expectations of US Federal Reserve interest rate hikes further weighed on the metal. Spot gold was down 0.5% at $4,067.99 per ounce, while US gold futur…

Gold Prices Edge Lower as Rising Oil Stirs Interest Rate Concerns

Gold prices fell on monday as a rise in oil prices renewed inflation concerns:old prices fell on Monday as a rise in oil prices renewed inflation concerns, bolstering expectations for further interest rate hikes. Spot gold dropped 1.03 percent to $4,0…