Spot gold rises 1% to $4,064.56 amid inflation concerns. Gold settling between $3,800 and $4,200 by June at 85.7% YES.

Gold dropped nearly 2% to a two-week low near $4,067 as the US dollar surged and markets priced a 69% chance of a September Fed rate hike under Chair Kevin

Gold prices today fell near two-week low as strong US dollar and Fed rate hike expectations weigh on demand; investors await key PCE inflation data.

Gold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve interest rate hikes weighed heavily. Traders…