Gold prices dipped as a stronger dollar and escalating oil prices fueled inflation and higher interest rate concerns. Stalled U.S.-Iran peace talks are disrupting Middle East energy exports, impacting global markets. Investors are now keenly awaiting the U.S. Federal Reserve’s interest rate decision this week, while gold premiums rose in India amid tight supplies.Read More
The U.S. dollar strengthened as Middle East war hopes dimmed, pinning the Japanese yen near 160 ahead of the Bank of Japan’s policy decision. Oil prices rose with the Strait of Hormuz remaining effectively closed, while investors await central bank meetings for insights into the war’s economic impact and rate outlooks.Read More
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