Gold Plunges Over 2% as US-Iran Tensions Trigger Worst Weekly Drop in Decades

Gold tumbled more than 2% on Friday, heading for its steepest weekly decline in over four decades. The escalating hostilities between the United States and Iran drove oil prices sharply higher, rekindling fears of a Federal Reserve interest rate hike that would undercut demand for the non-yielding metal. Spot gold fell to $4,489 per troy […] Read The Full Article Gold Plunges Over 2% as US-Iran Tensions Trigger Worst Weekly Drop in Decades On Coin Edition.