Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Gold plunges over 2% as Middle East energy shock fuels inflation worries

Gold (XAU/USD) extends losses below $4,100 on Thursday, falling more than 2% as energy-driven inflation concerns from Middle East tensions reinforce expectations that interest rates will remain elevated longer. At the time of writing, XAU/USD trades around $4,053, its lowest level since August 4.

Gold plunges over 2% as Middle East energy shock fuels inflation worries

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Read the original at fxstreet.com →

More in Finance & Markets

Kingdom Bank goes live with Temenos SaaS

Temenos (SIX: TEMN), a global leader in banking technology, today announced that Kingdom Bank, a specialist UK bank serving Christian churches, charities and individuals, has successfully gone live on…

More from Thursday 22 October →