Gold prices fall ahead of US inflation data and CPI report
Gold prices fell to $4,705.99 as markets weighed Middle East tensions and interest rate outlooks. Investors await US inflation data for clues on Fed policy.
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Xurve View
Gold fell 0.6% to $4,705.99 on Tuesday morning as investors weighed Middle East tensions against upcoming inflation data. The decline follows a three-week high reached earlier in the session. Rising energy costs and hawkish central bank shifts are pressuring non-yielding assets.
