Gold Stumbles Amid Iran Conflict and Fed Rate Outlook
Gold has fallen during recent US-Iran escalations, defying its safe-haven role as inflation concerns, rising oil prices, and a hawkish…
The EUR/USD pair attracted fresh buying during the Asian session but remained range-bound, lacking bullish conviction. Traders await European Central Bank decisions and US inflation data, with the pair supported above the 1.1600 level. Observers note that a decisive move above the weekly range could fuel further upside, while failure to sustain gains may prolong consolidation.
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Gold has fallen during recent US-Iran escalations, defying its safe-haven role as inflation concerns, rising oil prices, and a hawkish…
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