Gold slips 0.15% in Asian trade as Middle East tensions mount

2026年9月2日01:19 (20d ago)

Gold fell in early Asian trading amid escalating Middle East tensions and market pressure.
0.15% lower, spot gold stood at $4,321.80 an ounce at 0058 GMT.
ANZ Research linked higher energy prices to inflation concerns and possible Fed rate hikes.

Gold declined in early Asian trading as escalating Middle East tensions, a stronger U.S. dollar and rising bond yields weighed on sentiment. Spot gold fell 0.15% to $4,321.80 an ounce at 0058 GMT. ANZ Research said the prospect of higher energy prices was raising concerns about inflationary pressures that could prompt the Fed (U.S. central bank) to increase interest rates.