
Gold Tumbles as Dollar Strength Bites the Haven Amid Middle East Tensions
Gold futures fell about 2.5% to roughly $5,181 an ounce as escalating Middle East tensions coincided with a stronger dollar, tempering gold’s haven appeal as traders liquidated positions to cover losses; mining stocks dropped, and the S&P 500 futures slipped, while investors weighed energy-price signals and a higher odds of a June Fed hold.











