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Gold bullion slips on stronger US dollar, higher rate expectations
Business World Philippines
|March 11, 2026
GOLD fell more than 1% on Monday, pressured by a stronger dollar and expectations of higher interest rates as the Middle East conflict fueled inflation concerns.
Spot gold was down 1.5% at $5,091.62 per ounce at 1:40 p.m. ET (1740 GMT). US gold futures for April delivery settled 1.1% lower at $5,103.70.
Inflation worries and expectations of higher interest rates driven by uncertainty over the war weighed on gold, but a prolonged conflict is also expected to sustain safe-haven demand and provide a floor for gold prices, said Jim Wyckoff, senior analyst at Kitco Metals.
Cette histoire est tirée de l'édition March 11, 2026 de Business World Philippines.
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