Gold sinks to 2-month low as US-Iran tensions stoke inflation fears
Gold prices fell to a two-month low on Thursday, May 28, as fresh US attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down 1.1% to $4,406.81 per ounce, as of 0236 GMT, falling to its lowest level since…
