Business · Markets · 1 hr ago

Gold Holds Its Decline as Middle East Conflict Fuels Inflation Fears

Gold Holds Its Decline as Middle East Conflict Fuels Inflation Fears

Gold held onto a decline as fighting spread in the Middle East.

The conflict raised fears that energy supplies could be disrupted further.

Those disruptions could keep inflation elevated.

Persistent inflation could increase the prospects of interest-rate hikes.

The story links the conflict to concerns about energy supplies, inflation and borrowing costs.

No further developments or next steps were specified.

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