Gold traders appear confused amid the Middle East conflict. Fed rate hike bets prevail, increasing the metal’s opportunity cost. Strong central bank demand is keeping losses limited. Heightened inflation fears could push gold below the key $4,500 zone. Inflation Concerns Eliminate Gold’s Haven Appeal It has been a very confusing period for gold traders lately, […]
The post Gold Loses Safe-Haven Edge as Geopolitics Fuel Inflation Fears appeared first on ActionForex.
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