Gold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hikes. Investors are also closely watching the delicate U.S.-Iran peace agreement, which faced renewed concerns after an incident in the Strait of Hormuz. Despite some hope for moderating inflation, underlying pressures remain high, reinforcing the likelihood of further rate increases by the Federal Reserve.
Source :- Markets-Economic Times Read More
