The World Gold Council projects prices to fluctuate around $4,100 as robust Eastern demand offsets Western sell-offs

Bullion slides as persistent inflation fuels expectations of higher US borrowing costs

0654 GMT - Gold prices are on track for a monthly loss of 12% despite persistent geopolitical uncertainties, as traders expect the Federal Reserve to hike interest rates this…

The trend reflects a ‘growing relevance’ of Asian markets, while US investors pull back on gold holdings due to higher rates, inflation.

Gold surged past $4,100 after Fed Chair Kevin Warsh signaled easing inflation expectations at the ECB Forum. Bitcoin also rallied toward $60K.

The World Gold Council projects prices to fluctuate around $4,100 as robust Eastern demand offsets Western sell-offs