GOLD PRICES FALL FOR THIRD DAY AS OIL SURGE FUELS FED RATE HIKE FEARS

What happened: Gold prices fell for a third consecutive session on Tuesday as rising oil prices intensified inflation concerns and raised uncertainty over the Federal Reserve's rate outlook ahead of its upcoming policy meeting. Key numbers: Spot gold slipped 0.1% to $4,137.84 per ounce by Why it matters: Higher energy costs could push the Fed to keep rates elevated or tighten further, and gold typically faces downward pressure when rates and Treasury yields rise. Gold's near-term direction will likely depend on oil price movements, upcoming inflation data and signals from Fed policymakers.

Gold fell a third day as oil surge fuels Fed rate hike fears.

Gold fell a third day as oil surge fuels Fed rate hike fears. — impact context not separately stored; see What changed.