Gold prices face potential fall amid inflation and Middle East war concerns

Gold prices could drop below US$5,000 an ounce due to rising energy prices and inflation concerns, exacerbated by the war in the Middle East. Traders anticipate the Federal Reserve's meeting this week may signal fewer or no interest rate cuts, further impacting gold's value.

16 Mar, 22:29 — 16 Mar, 22:29

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Bangkok PostMostly Factual4h ago

Gold faces price fall amid rising inflation

Gold prices could slide below US$5,000 an ounce if rising energy prices and mounting inflation concerns stemming from war in the Middle East prompts the Federal Reserve's meeting this week to signal fewer or no interest rate cuts this year, traders say.

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Gold prices face potential fall amid inflation and Middle East war concerns

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Gold faces price fall amid rising inflation

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