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Gold holds biggest jump in two months on Iran peace-deal hopes

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Gold holds biggest jump in two months on Iran peace-deal hopes
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

The Middle East war sends energy prices and inflation surging, putting pressure on central banks to raise borrowing costs, which is negative for gold as it doesn’t pay interest

Key Takeaways

  • Gold holds biggest jump in two months on Iran peace-deal hopes.

The Middle East war sends energy prices and inflation surging, putting pressure on central banks to raise borrowing costs, which is negative for gold as it doesn’t pay interest

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Published originally on The Hindu Business Line

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