On Wednesday, gold prices dropped to their lowest mark in more than 21 days. The decline was driven by rising oil prices amid renewed tensions between the US and Iran, which fueled concerns regarding inflation and potential interest rate increases. Spot gold decreased by 0.6% to $4,304.01 per ounce, marking its fourth consecutive day of decline. Additionally, spot silver dropped 1% to $63.60 per ounce, and platinum saw a 1% dip to $1,722.23.
by shortkt.com✓