Gold falls for second day as renewed US-Iran tensions revive inf worries; spot gold down 0.3% at $4494.16/oz, nearing $4450 support; rising price pressure could firm bets Fed will keep rates higher longer, increasing downside risk, analyst Lukman Otu

2026-05-27

Gold falls for second day as renewed US-Iran tensions revive inf worries; spot gold down 0.3% at $4494.16/oz, nearing $4450 support; rising price pressure could firm bets Fed will keep rates higher longer, increasing downside risk, analyst Lukman Otunuga says