Gold Faces Biggest Weekly Drop in Six as Iran Tensions Fuel Inflation Worries

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Geopolitics

17 July 2026 at 9:17 am

Gold Faces Biggest Weekly Drop in Six as Iran Tensions Fuel Inflation Worries

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Summary

Gold prices rebounded on Friday but are still headed for their biggest weekly fall in six weeks, as renewed clashes between the U.S. and Iran fueled inflation worries and expectations for higher interest rates.

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