Gold falls as Iran tensions lift inflation fears

By The BriefBrief

Gold prices fell after renewed US military strikes in Iran pushed oil higher and raised inflation concerns.

WHO: Gold market

WHAT: Spot gold fell 0.7% to $4,537.54 an ounce.

WHEN: May 26, 2026 at 1:07 AM ET

WHERE: Location not specified

WHY: Renewed US military strikes in Iran pushed oil prices higher, raising concerns inflation could stay elevated and keep interest rates higher for longer.

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