Gold slides over 3% as Middle East tensions stoke inflation fears
- Posted on March 23, 2026
- By Business News Today
- 2 Views
Gold slides over 3% as Middle East tensions stoke inflation fears
Gold prices tumbled over 3% on Monday, hitting a four-month low. Escalating Middle East tensions fueled inflation worries and boosted expectations for higher global interest rates. Iran threatened energy systems, while oil prices remained elevated. This situation impacts transport and manufacturing costs.
