October 5, 2026
Business

Gold price slides below $5,000, drops to over one-month low(Soban News)

Spot gold dropped to a one-month low following the Federal Reserve’s decision to hold interest rates steady, with expectations of higher rates for longer. A stronger dollar and ongoing Middle East conflict, including an escalation involving Iran’s Pars gas field, further pressured gold prices.

​Spot gold dropped to a one-month low following the Federal Reserve’s decision to hold interest rates steady, with expectations of higher rates for longer. A stronger dollar and ongoing Middle East conflict, including an escalation involving Iran’s Pars gas field, further pressured gold prices. by Soban News (international And National News)

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