Gold Edges Lower as USD and Yields Rise on Inflation Worries
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Gold prices fell to US$4,538.10 per ounce as the dollar and treasury yields rose amid inflation concerns linked to the ongoing war on Iran. The conflict has disrupted oil exports, driving prices up and increasing inflation. Traders are shifting from gold to the dollar, anticipating central banks will raise interest rates. The dollar index rose to 99.34, while U.S. treasury yields reached their highest levels since February 2025.
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