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Finance

Gold Declines as Fresh US-Iran Tension Fans Inflation Concerns

Bloomberg Jun 29, 2026 2h ago ⏱ 1 min read 👁 1 views
Gold Declines as Fresh US-Iran Tension Fans Inflation Concerns
Image via Bloomberg
📋 Article Summary
55 words
Gold declined to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire that had last week seen energy prices fall to pre-war levels and help temper expectations for an interest-rate hike. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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