Gold Futures Fall 0.8% to $4,026 an Ounce in Early European Trading
New York gold futures fell 0.8% to $4,026 a troy ounce. Gold is headed for a weekly loss of more than 3.5%, as elevated energy prices fueled inflation and interest-rate concerns.
Gold is headed for a weekly loss of more than 3.5% as elevated energy prices fueled concerns over inflation and interest-rate hikes. In early European trading, New York futures fall 0.8% to $4,026 a troy ounce. "A rising inflation backdrop along with selling pressure to cover losses in equity or bo…