Gold prices witnessed a slight decline, primarily driven by surging oil prices, raising inflation worries among traders. With an 86% probability of a US interest rate hike on the horizon, consumer prices saw a notable rise in August, further solidifying expectations of increased rates. As higher interest rates typically reduce gold’s allure, other precious metals also faced downturns on Monday.
Oil Price Today (September 14): Crude oil jumps 3% to near $108/barrel as Middle East tensions escalate. What are analysts warning?
Oil prices experienced a significant spike on Monday, approaching $108 per barrel, amid rising tensions in the Middle East. Recent attacks on vessels in the
September 14, 2026