Gold Holds Gain as Traders Weigh Impact of Oil Risks on Rates

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Gold Holds Gain as Traders Weigh Impact of Oil Risks on Rates

- 1 min read - Source: Bloomberg
TOP SUMMARY

Gold held a gain as traders monitored threats to energy supply routes that risk stoking inflation and putting pressure on the Federal Reserve to hike...

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Key points

  • Gold held a gain as traders monitored threats to energy supply routes that risk stoking inflation and putting pressure on the Federal Reserve to hike interest rates.

What happened

Gold held a gain as traders monitored threats to energy supply routes that risk stoking inflation and putting pressure on the Federal Reserve to hike interest rates.

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Source: Bloomberg

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