Gold Slides Amid Strengthening U.S. Dollar, Higher Crude Oil Prices

Partially offsetting the gains from yesterday's session, gold prices have edged lower on Tuesday as crude oil prices surged due to renewed Middle East tensions, and thereby, sparking inflationary concerns, while the U.S. dollar firmed amid reducing expectations of a near-term U.S. Federal Reserve rate hike.

You are being sent to the original publisher. FX Radar keeps this reference for market context and source discovery.