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EconomyJuly 10, 2026 at 05:45 AM

Gold Prices Head for Weekly Loss Amid Iran and Rate Concerns

724FinanceZeynep Kaya

Gold Prices Head for Weekly Loss Amid Iran and Rate Concerns

The US-Iran military tension has increased inflation and rate concerns. Gold prices moved very little on Friday. Weekly losses are being recorded.

Market Situation

■Gold remained at $4.125.03 per ounce.

■Gold futures fell 0.1% to $4.135.67.

Geopolitical Risks

■New conflicts in the Middle East and Hormuz concerns have caused oil prices to fluctuate.

■Gold is expected to rise due to structural costs and geopolitical risks.

Investment Interest

■High rates are negative for gold and other non-yielding assets.

■They increase the opportunity cost of investing in metals compared to borrowing instruments.

Markets are being extremely cautious in the face of this situation. The future of gold prices may change depending on geopolitical developments and interest rates.