Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.
Macro Bloomberg Jul 12, 2026
Gold Declines as Renewed US-Iran Strikes Raise Rate-Hike Bets
Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.
