Gold Price Today Falls Despite Iran Risk as Dollar Firms, Fed Cut Bets Fade
Spot gold eased 0.3% to $5,159.04 an ounce as of 10:08 a.m. ET on Thursday, while U.S. gold futures slipped the same margin to $5,165.10. Pressure came from a stronger dollar and receding expectations for U.S. rate cuts, tamping down the metal’s safe-haven draw.