No more safe haven? Gold prices slip to six-week low as Middle East conflict drags on

May 18, 2026 - 10:30
No more safe haven? Gold prices slip to six-week low as Middle East conflict drags on

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Gold prices dropped to over a month's low as rising oil prices and Middle East tensions fueled investor anxiety, pushing them away from the safe-haven asset. Higher energy costs are also raising inflation concerns, increasing the likelihood of prolonged elevated interest rates from the US Federal Reserve.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0