Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments Gold prices initially surged to an all-time high on Monday due to safe-haven demand amid increased geopolitical tensions following the death of Iran’s president. However, comments from Fed Vice Chair Michael Barr, indicating that interest rates would need to remain high to combat inflation, caused gold to pare its gains, trading around $2,410. Barr’s remarks also boosted the US dollar slightly. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Rising Delinquencies Among Low-Income U.S. Borrowers Signal Economic Warning READ MORE The Growing Shadow of Credit Card Debt: A Crisis Looming Over American Consumers READ MORE A Guide to Trading Gold and Silver Futures Contracts READ MORE Nigeria's Central Bank Raises Interest Rate to Tackle Inflation READ MORE Stocks Rise; Key Economic Updates and Corporate Earnings on the Horizon READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment