Gold slips as Middle East tensions boost inflation, rate-hike worries
Spot gold fell 0.2% to $4,368.33/oz in early Asian trading, as Middle East tensions added to inflation concerns and reinforced expectations of higher US interest rates.
Gold prices edged lower in early Asian trade on Monday as renewed tensions in the Middle East added to inflation concerns and reinforced expectations for higher interest rates. 33 per ounce as of 0027 GMT, while US gold futures TVC:GOLD for December de…