Gold prices face renewed pressure as rising oil prices and persistent tensions in the Middle East revive inflation concerns, increasing the likelihood that the US Federal Reserve may delay monetary easing despite continued demand for the precious metal.

Gold prices experienced a notable increase on Wednesday as market participants anticipated essential inflation data. Worries about oil-induced inflation, stemming from unrest in…

Gold prices face renewed pressure as rising oil prices and persistent tensions in the Middle East revive inflation concerns, increasing the likelihood that the US Federal Reserve…