Gold Tumbles Below $4,700, Iran’s Hormuz Strait Proposal and Fed Rate Decision in Focus

Gold price (XAU/USD) slumps to near $4,685 during the early Asian session on Tuesday. Gold price (XAU/USD) slumps to near $4,685 during the early Asian session on Tuesday. Markets turn to "wait-and-see" mode ahead of the US Federal Reserve (Fed) interest rate decision and

Gold price (XAU/USD) slumps to near $4,685 during the early Asian session on Tuesday.

Gold price (XAU/USD) slumps to near $4,685 during the early Asian session on Tuesday. Markets turn to “wait-and-see” mode ahead of the US Federal Reserve (Fed) interest rate decision and shifting developments in the Middle East conflict.

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