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Why gold is surging past $4,630 even as hotter inflation revives Fed hike risks

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Gold climbed above $4,630 an ounce on Thursday as investors returned to the currency-debasement trade, with concerns over US debt and Treasury intervention continuing to outweigh the prospect of higher Federal Reserve interest rates. Spot g…

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Why gold is surging past $4,630 even as hotter inflation revives Fed hike risks
Invezz 2h ago

Why gold is surging past $4,630 even as hotter inflation revives Fed hike risks

Gold climbed above $4,630 an ounce on Thursday as investors returned to the currency-debasement trade, with concerns over US debt and Treasury intervention continuing to outweigh the prospect of higher Federal Reserve interest rates. Spot g…