Gold Holds Near Record Highs as Inflation Fears Outweigh Ceasefire Optimism

Gold remained near record levels during the week ending 4 June, highlighting investors’ growing focus on inflation and monetary-policy risks despite tentative signs of de-escalation in the Middle East. Spot gold traded around $4,450 an ounce by Thursday, recovering part of the previous session’s losses and remaining within a few percentage points of the record […] The post Gold Holds Near Record Highs as Inflation Fears Outweigh Ceasefire Optimism appeared first on The Middle East Observer.