Gold prices fluctuate as U.S. strikes on Iran and Fed minutes loom over markets
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WATCH LIVE
Summary
Gold prices fluctuated on Wednesday as investors weighed the impact of fresh U.S. strikes on Iran, which lifted oil prices and the dollar, against inflation concerns ahead of the release of the Federal Reserve's June meeting minutes. Spot gold rose 0.5% to $4,125.59 per ounce after earlier dropping to its lowest since July 2, while U.S. gold futures for August delivery shed 0.5% to $4,136.30. The article notes a brief inflation scare that caused bonds to fall, the dollar to rise, and gold to pull back before stabilizing.
Source
bskyGold prices fluctuate as U.S. strikes on Iran and Fed minutes loom over marketscnbc.comKey quotes
· 2 pulledOver the past 24 hours, there was a little bit of a scare again on the inflation front.
So bonds came in lower, the dollar popped a little, gold pulled back, and now seems to be
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