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The Economic Times

Business

Gold drops to 2-week low as oil surge drives inflation, rate-hike fears

Gold Inflation Christopher Waller Oil United States US Federal Reserve Gulf Iran Sudan

Gold slid to a two-week low on Tuesday as the U.S.-Iran conflict in the Gulf sent oil prices soaring and fuelled inflation fears, with hawkish remarks from Federal Reserve Governor Christopher Waller further reinforcing bets on higher U.S. interest rates.

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Russia’s FSB has detained a Swedish national accused of planning terrorist acts and sabotage for Ukraine. The agency claims he illegally crossed the border to execute these attacks on military facilities. Identified as Freddy Lindholm, he allegedly trained in drone operations after signing a contract with Ukraine’s army. His detention…

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One subscription that gives you access to news from hundreds of sites

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India expresses concern over alleged plot to attack Hindu temple in US, seeks action

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