9 articles · Updated · The Wall Street Journal · May 10
In early Asian trade, bullion slipped 0.4% to $4,694.60 an ounce as crude oil rose after President Trump called Iran's response to a US war-ending proposal unacceptable.
Iran formally sent its reply to mediator Pakistan without commitments on Tehran's nuclear programme, adding to worries that higher energy prices could rekindle inflation.
Investors fear persistent inflation could prompt faster central bank rate rises, reducing gold's appeal as a non-yielding asset after the metal gained about 2% last week.
As war drives oil prices to record highs, why is the safe-haven asset gold suddenly falling?
Caught between war-fueled inflation and recession fears, can the Federal Reserve save the economy?
Can the global economy survive the indefinite closure of its most critical energy chokepoint?