Gold extended gains as investors tracked Middle East developments, buoyed by a softer dollar and technical buying. A Sukdun Financial analys

Gold extended gains as investors tracked Middle East developments, buoyed by a softer dollar and technical buying. A Sukdun Financial analyst said markets are likely to remain headline-driven in the near term; any credible de-escalation would ease pressure on yields and the dollar, but as long as oil stays elevated markets may continue to price an inflation premium into interest rates despite recent weak CPI.