Business · Markets · 2 hrs ago

Gold Edges Higher as Traders Assess Trump’s Energy Ceasefire Claim

Gold Edges Higher as Traders Assess Trump’s Energy Ceasefire Claim

Gold edged higher as traders considered developments in Russia, Ukraine and the Middle East.

US President Donald Trump claimed there was an “energy ceasefire” between Russia and Ukraine.

The story does not say whether the two countries confirmed such a ceasefire.

At the same time, traders were concerned that conflict in the Middle East could widen.

Those risks raised concerns about inflation.

Traders were weighing these developments, and no further steps or timetable were specified.

Sources

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