Gold Tumbles As Iran War Fuels Oil Shock, Inflation Fears, And Surge In Treasury Yields - Tekedia

Gold prices fell sharply as Iran-related oil disruption fears lifted inflation concerns and Treasury yields.

A stronger U.S. dollar and reduced expectations for Federal Reserve rate cuts added pressure on bullion.

Brent and WTI crude surged on worries over the Strait of Hormuz, reinforcing the inflation shock.

Weaker gold demand in India also weighed on prices.