- July 20, 2026
- Posted by: Tresmark
- Category:
No Comments
U.S. completes ninth night of strikes against Iran
Oil prices jump to over one-month high
Fed's Hammack signals openness to U.S. interest rate hike
Gold prices dipped on Monday as an escalation in the Middle East war pushed Brent crude above $90 a barrel, heightening inflation concerns after many U.S. Federal Reserve policymakers signalled that interest rate hikes may be needed to curb price pressures.
Spot gold was down 0.1% at $4,014.53 per ounce, as of 0242 GMT. U.S. gold futures for August delivery were steady at $4,019.80.
