🔴 GLD.BA is trading 3.91% down today after Fed Chair Kevin Warsh signaled possible rate hikes

GLD.BA is trading at ARS 13020.00, down -3.91%, as gold weakened after Federal Reserve Chair Kevin Warsh signaled possible rate hikes.

• Renewed U.S.-Iran fighting lifted oil prices, intensified inflation concerns, and reduced expectations for near-term monetary easing.
• Higher yields and a stronger dollar pressured non-yielding bullion during early trading.
• The decline follows gold’s 3.2% drop on August 28; no company-specific announcement was identified.