Gold held a decline as escalating hostilities in the Middle East drove a surge in energy costs, and a US monetary policymaker raised the likelihood of interest-rate hikes to rein in stubborn inflation.
Macro Bloomberg Jul 13, 2026
Gold Holds Drop as Mideast Risks, Waller Remarks Boost Headwinds
Gold held a decline as escalating hostilities in the Middle East drove a surge in energy costs, and a US monetary policymaker raised the likelihood of interest-rate hikes to rein in stubborn inflation.
