< Back by JSK Jewellery | 3 Jun, 2026

Gold Drops Nearly 2% as Middle East Tensions Fuel Rate Hike Expectations

Image

Gold fell nearly 2% on Monday – testing the $4,500 per ounce level – according to market data, as renewed U.S. military strikes on Iranian sites intensified expectations that the Federal Reserve will keep interest rates elevated. Three-month futures in New Yo… More