Gold holds steady as Fed minutes flag inflation, recession risks
By Ashitha Shivaprasad (Reuters) – Gold prices steadied on Wednesday as investors assessed the U.S. Federal Reserve’s May meeting minutes, which flagged rising inflation and recession risks, reinforcing gold’s appeal as a safe-haven asset at a time when the global economic environment remains volatile. Spot gold held steady at $3,299.95 an ounce as of 02:20 …
Gold holds steady as Fed minutes flag inflation, recession risks Read More »