Macro Finance
Gold Slips From Two-Month High as Focus Shifts to Inflation
Bloomberg Markets·August 10, 2026·1 min read
Gold slipped from a two-month high as traders weighed prospects of a US-Iran deal to reopen the Strait of Hormuz. Markets await a key US inflation report that could provide clues on the Federal Reserve's appetite for an interest-rate hike. The decline reflects shifting geopolitical and monetary policy expectations.
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