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Gold Plummets 7% as Middle East Conflict Sparks Inflation Worries and Erases Rate Cut Bets

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Gold dropped 7% Monday, erasing 2026 gains. Iran conflict drives oil prices up, fueling inflation fears and reducing rate cut expectations across markets.

The post Gold Plummets 7% as Middle East Conflict Sparks Inflation Worries and Erases Rate Cut Bets appeared first on Blockonomi.

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