Gold dives to 4 month low as inflation pressures lift rate hike bets

Gold plunged over 8% to a four-month low after posting its largest weekly loss in 43 years. Middle East tensions have sparked inflation concerns and raised expectations for interest rate hikes. #News #Reuters #Newsfeed #marketnews #goldpricestoday #commodities #globalmarkets #inflation #interestrates #worldeconomy #financialnews #preciousmetals #oilprices Read the story here: https://reut.rs/4lNHbP6 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en