Source: Reuters (via feed)
Gold prices rose on Tuesday amid hopes of de-escalation in the Middle East conflict. The metal is poised for its worst month in more than 17 years. This is due to higher energy prices dimming hopes of a U.S. interest rate cut this year.
BizTrendWire Insight:
Gold prices can reflect changes in interest rate expectations and energy prices.
Gold prices can reflect changes in interest rate expectations and energy prices.
