Gold Slips as Strikes Raise Concerns on Iran Talks, Inflation
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Article Excerpt
k6itiu1uj04w5{lzg42}(dye_media_dl_1.png Bloomberg Article content (Bloomberg) — Gold declined as US strikes in the Strait of Hormuz tempered optimism over the progress of talks to unlock the critical waterway, keeping inflation risks elevated. Article content Bullion fell as much as 0.7% to around $4,540 an ounce, after rising the day before, on concerns the strikes may derail peace talks. US forces hit missile launch sites in Iran and boats trying to place mines, US Central Command said in a statement. The strikes were defensive and intended “to protect our troops from threats posed by Irania…
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May 29, 2026