Gold slides to its lowest price since March as Middle East escalation fuels inflation, rate-hike concerns
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Article Excerpt
Gold slides to its lowest price since March as Middle East escalation fuels inflation, rate-hike concerns
REUTERS
PUBLISHED JUNE 10, 2026
UPDATED JUNE 11, 2026
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Gold prices fell more than 3% on Wednesday as fears of a wider U.S.-backed war with Iran stoked concerns about interest rate hikes to curb rising inflation, with investors focusing on key U.S. data for clues on the monetary policy path.
Spot gold was down 3.5% at $4,111.95 per ounce by 2:26 p.m…
Read full article at The Globe and Mail ↗
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