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Valor & Ventures MediaNews Edition

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Bloomberg Markets

Gold Declines as Renewed US-Iran Strikes Raise Rate-Hike Bets

Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.

Wendy Wells
By Wendy Wells· Bloomberg· Published
Gold Declines as Renewed US-Iran Strikes Raise Rate-Hike Bets
Reporting by Wendy WellsSource: BloombergUpdated July 12, 2026
PHOTO: BLOOMBERG

Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.

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Wendy Wells · Bloomberg

Source & Credit

Reporting and photography credited as noted above. Originally published by Bloomberg.