Gold Extends Drop as Oil Surge Stokes Fears of Faster Inflation
Gold fell, pressured by a stronger US dollar and inflationary risks, as the war in the Middle East extended into a second week and oil surged above $100 a barrel.
By Robin Paxton · Bloomberg Markets
Gold fell, pressured by a stronger US dollar and inflationary risks, as the war in the Middle East extended into a second week and oil surged above $100 a barrel.