Gold Prices Steady Amid Inflation Concerns and Middle East Tensions

Reported about 18 hours ago

Gold prices remained stable as traders balanced concerns about rising geopolitical risks in the Middle East with inflation warnings from the Federal Reserve, which may impact US interest rates. As markets were muted due to a US public holiday, spot gold hovered around $3,370 an ounce, influenced by central bank buying and geopolitical tensions, despite a forecast for weaker growth and higher inflation.

Source: YAHOO

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