Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor
The yellow metal is at lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.
Last updated: 2026-06-14 01:12:24 ET
The yellow metal is at lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.
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Since the outbreak of the U.S.-Iran war on Feb. 28, gold's reputation as a "safe haven" asset in times of turmoil has come under pressure.
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Gold’s slump has followed Friday’s better-than-expected May U.S. employment report.
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