Gold Slumps as Traders Weigh Fed Rate Path After Iran Oil Waiver

Gold Slumps as Traders Weigh Fed Rate Path After Iran Oil Waiver

Gold slumped after the US Treasury Department revoked a waiver allowing the sale of Iranian oil, stoking concern that elevated energy prices will prompt the Federal Reserve to raise interest rates.

Gold slumped after the US Treasury Department revoked a waiver allowing the sale of Iranian oil, stoking concern that elevated energy prices will prompt the Federal Reserve to raise interest rates.
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Bloomberg — Markets (EN)




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