Market reversal! Inflation concerns suppress US-Iran peace talks, gold prices fall nearly 2% to test $4115 per ounce.

According to the Securities Times APP, due to concerns about inflation overshadowing the earlier optimism in the market about the progress of negotiations between the US and Iran, the price of gold has fallen. The price of gold fell by 1.8% at one point, approaching $4115 per ounce, erasing the slight gains from the previous trading day. The four-month ongoing conflict in the Middle East has pushed up consumer prices, increasing the possibility of major central banks raising interest rates, which is bearish for the interest-free precious metals.