Gold falls as Houthi attack lifts oil, Fed rate-cut hopes dim | Metals Mine

  • Gold falls as Houthi attack lifts oil, Fed rate-cut hopes dim

    From brecorder.com

    Gold prices fell on Monday, as a surge in energy prices fuelled inflation worries and dampened expectations for U.S. Federal Reserve interest rate cuts this year. Spot gold fell 0.6% to $4,466.99 per ounce as of 0238 GMT. US gold futures for April delivery shed ​0.6% to $4,496.30. Gold has lost more than 15% so far this month, marking its ​steepest monthly decline since October 2008, as the US dollar strengthened. The currency ⁠has gained more than 2% since the U.S.-Israeli war on Iran began on February ​28. “The bigger macro picture behind that (gold’s) underperformance is the huge shift in interest rate ... (full story)

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ZforexCM
Mar 30, 2026 2:23am
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Gold climbed back to $4,500 per ounce on Monday, recovering from earlier losses as the Middle East conflict entered a volatile fifth week. Tensions surged as Yemen’s Houthi forces launched attacks on Israel, threatening critical Red Sea shipping lanes and Saudi energy infrastructure. This expansion of the war front continues to drive safe haven demand.

However, the broader pressure remains. Rising oil prices have pushed inflation expectations higher, strengthening the US dollar and reducing the likelihood of Fed rate cuts. This “higher for longer” rate outlook continues to weigh on gold’s recovery.

Silver followed a similar path, stabilizing near $70 but remaining volatile.
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josephcampbe
Mar 30, 2026 5:58am
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Why do people forget that? The Middle East is full of some of the darkest. Cultural and philosophical minds. On Earth as also. Maybe it's important to look after people out there too. Even though it does cost us over here in this lavish life we live.
Maybe Donald Trump is the man. Strengthening the dollar so we can kinda catch up with them in the West. If you can fight evil Protect innocent people. In poorer countries. and Make money for your own country. Why not?

And we complain because we might have to pay 20P more for a carton of milk. Those who have not sinned cast the first stone. Are we fighting evil, protecting innocent, or are we just making money?
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Trader#BEAC
Mar 30, 2026 2:46am
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https://www.cmegroup.com/markets/int...atch-tool.html

War is the reason. Since the orange war monger invaded Iran rate sexpectations have shifted from 2-3 cuts this year to nadda, none, zip. Switch to 9 Dec26 tab to see the change..............

Quote
BPS Now 1 Month ago
275-300 0.0% 28.7%
300-325 0.0% 30.8%
325-350 4.6% 17.2%
CURRENT 76.3% 3.9%

Keep eyes on 8 Dec27. Sentiment up there is still quite optimistic iyam. More downside risk to come while the war drags on no matter what the orange douchebag says in his midnight twitter rants
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Trader#B963
Mar 30, 2026 4:09am
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That orange old man is forever a loser zZzZzzz lolzzzz
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Gold rose for a second day after dipping to about $4,420 and then reaching around $4,550 in early European trading on Monday. The US Dollar Index eased from a monthly high, which supported gold, but expectations of higher global interest rates may limit further gains. Energy price rises linked to conflict have raised inflation concerns. Reports included the ...
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