CoinWorld News reports that gold prices in New York fluctuated and declined in afternoon trading. Thu Lan Nguyen, an analyst at Deutsche Bank, said, "This is most likely because the market is currently more focused on inflation risks triggered by the Middle East conflict, which has reduced expectations for rate cuts. This also explains why the dollar continues to strengthen."
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CoinWorld News reports that gold prices in New York fluctuated and declined in afternoon trading. Thu Lan Nguyen, an analyst at Deutsche Bank, said, "This is most likely because the market is currently more focused on inflation risks triggered by the Middle East conflict, which has reduced expectations for rate cuts. This also explains why the dollar continues to strengthen."