82 Days
Source:
وكالة الأنباء الليبية
Gold declines amid inflation fears as Middle East tensions escalate
Gold prices declined due to escalating tensions between the United States and Iran, falling to $4,060.46 per ounce after the announcement of American airstrikes on Iran and attacks on Kuwait and Bahrain. The decrease is attributed to a reassessment of the likelihood of the U.S. raising interest rates, with a 68% chance of a rate hike in September and an 87% chance in January 2027.
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