Gold declines below $4,500 as Iran tensions stoke inflation fears and bolster Fed hike bets

Gold price (XAU/USD) declines to around $4,485 during the early Asian session on Tuesday. The precious metal loses ground as renewed tensions in the Middle East continue to fuel concerns over inflation and expectations of elevated interest rates.

Gold declines below $4,500 as Iran tensions stoke inflation fears and bolster Fed hike bets
Gold price (XAU/USD) declines to around $4,485 during the early Asian session on Tuesday. The precious metal loses ground as renewed tensions in the Middle East continue to fuel concerns over inflation and expectations of elevated interest rates.

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